SEC Form 4 · accession 0001138723-16-000140
ACCURAY INC · ARAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly Londy
Officer — EVP Chief Operating Officer
Period of report
Nov 30, 2016
Accepted (ET)
Dec 2, 2016 · 6:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001138723
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 30, 2016 | A | 44,100 | $0.00 | A | 413,555 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $5.05 | Nov 30, 2016 | A | 110,200 | A | — | Nov 30, 2026 | Common Stock | 110,200 | 110,200 | D |
Explanation of responses
- F1The restricted stock units (RSUs) are released as they vest. A total of 25% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 25% a year on each anniversary of the vesting commencement date over the remaining three years.
- F2The options are exercisable as they vest. A total of 25% of the entire number of shares subject to this stock option becomes vested and fully exercisable on the first anniversary of the vesting commencement date and the remaining shares subject to this stock option vest and become exercisable in equal monthly installments, ratably over the following 36 months.