James F. Dempsey - 24 Oct 2022 Form 4 Insider Report for ViewRay, Inc.

Reporting relationship: Chief Scientific Officer
Issuer ticker: N/A
Reported as of: 24 Oct 2022
Net transaction value: -$641,201
SEC form: 4
Accepted by SEC: 21 Mar 2023, 18:22:57 UTC
Prior SEC filing: 21 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Robert McCormack, Attorney-in-fact

Key filing fact

James F. Dempsey filed Form 4 for ViewRay, Inc. on 21 Mar 2023.

Key facts

This page summarizes James F. Dempsey's Form 4 filing for ViewRay, Inc..
11 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 21 Mar 2023, 18:22.

Change

Previous filing in this sequence was filed on 21 Mar 2023.
Current net transaction value: -$641,201.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VRAYQ transaction

Common Stock

Tax liability

Transaction value: $162,028
Shares: -37,681
Change %: -5.5%
Price: $4.30^*
Shares after: 642,165
Date: 24 Oct 2022
Ownership: Direct
Footnotes: F1

VRAYQ transaction

Common Stock

Award

Transaction value: $0
Shares: +86,405
Change %: +13%
Price: $0.000000
Shares after: 728,570
Date: 01 Mar 2023
Ownership: Direct
Footnotes: F2

VRAYQ transaction

Common Stock

Tax liability

Transaction value: $80,876
Shares: -19,630
Change %: -2.7%
Price: $4.12^*
Shares after: 708,940
Date: 01 Mar 2023
Ownership: Direct
Footnotes: F1

VRAYQ transaction

Common Stock

Tax liability

Transaction value: $61,273
Shares: -14,872
Change %: -2.1%
Price: $4.12^*
Shares after: 694,068
Date: 01 Mar 2023
Ownership: Direct
Footnotes: F1

VRAYQ transaction

Common Stock

Tax liability

Transaction value: $163,564
Shares: -39,700
Change %: -5.7%
Price: $4.12^*
Shares after: 654,368
Date: 02 Mar 2023
Ownership: Direct
Footnotes: F1

VRAYQ transaction

Common Stock

Options Exercise

Transaction value: $31,500
Shares: +42,000
Change %: +6.4%
Price: $0.7500^*
Shares after: 696,368
Date: 03 Mar 2023
Ownership: Direct

VRAYQ transaction

Common Stock

Sale

Transaction value: $173,460
Shares: -42,000
Change %: -6%
Price: $4.13^*
Shares after: 654,368
Date: 03 Mar 2023
Ownership: Direct
Footnotes: F3

VRAYQ transaction

Common Stock

Options Exercise

Transaction value: $93,750
Shares: +125,000
Change %: +19%
Price: $0.7500^*
Shares after: 779,368
Date: 07 Mar 2023
Ownership: Direct
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRAYQ transaction Derivative

Performance Units

Award

Transaction value: $0
Shares: +86,405
Change %
Price: $0.000000
Shares after: 86,405
Date: 01 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 86,405
Exercise price: $0.000000
Footnotes: F5

VRAYQ transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $31,500
Shares: -42,000
Change %: -13%
Price: $0.7500^*
Shares after: 292,305
Date: 03 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 42,000
Exercise price: $0.7500
Footnotes: F6

VRAYQ transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $93,750
Shares: -125,000
Change %: -43%
Price: $0.7500^*
Shares after: 167,305
Date: 07 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 125,000
Exercise price: $0.7500
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Payment of tax liability by withholding securities incident to vesting of restricted stock units.

Footnote F2

The reported securities are RSUs that entitle the Reporting Person to receive one share of Common Stock per RSU upon vesting. A total of one-third of the shares subject to this grant become vested on each of the first three anniversaries of March 1, 2023, subject to the Reporting Person remaining a service provider through each such vesting date.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.090 to $4.145, inclusive. The reporting person undertakes to provide ViewRay, Inc., any security holder of ViewRay, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F4

Includes 774,426 shares granted as RSUs. As of the transaction date, 294,131 of the RSUs have vested.

Footnote F5

These performance share awards were issued at a 100% target and have a 3-year vest period and will vest in all or in part upon achievement of performance metrics. Any awards that have not been vested and released at the end of the 3-year period will be cancelled.

Footnote F6

All of the shares subject to this option are fully vested and exercisable as of the date of exercise.