SEC Form 3 · accession 0001437749-18-016805
Vivani Medical, Inc. · VANI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Patrick Ryan
Officer — Chief Operating Officer
Period of report
Sep 1, 2018
Accepted (ET)
Sep 10, 2018 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001266806
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option(right to buy)F1 | $1.69 | holding | — | — | — | Sep 1, 2019 | Sep 1, 2028 | Common Stock | 500,000 | — | D |
Explanation of responses
- F1500,000 unvested options granted pursuant to the Company's 2011 Equity Incentive Plan, and shares underlying unvested options, of which 125,000 options vest on September 1, 2019, with the remaining options vesting quarterly over three years thereafter, subject to continuous employment. These options have an exercise price of $1.69 per share and expire on September 1, 2028.