SEC Form 4 · accession 0001615774-18-000192

Vivani Medical, Inc. · VANI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Commercial VP, North America

Period of report

Jan 4, 2018

Accepted (ET)

Jan 8, 2018 · 7:30 pm EST

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^F1	holding	—	—		—	23,641	D

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)^F4,F2	$2.06	Jan 4, 2018	A	140,000	A	Jan 4, 2019	Jan 4, 2028	Common Stock	140,000	140,000	D
Non-Qualified Stock Option (right to buy)^F3	$1.97	holding	—	—	—	Jan 3, 2018	Jan 3, 2027	Common Stock	220,840	220,840	D
Non-Qualified Stock Option (right to buy)^F3	$5.16	holding	—	—	—	Apr 4, 2017	Apr 4, 2026	Common Stock	150,000	150,000	D
Non-Qualified Stock Option (right to buy)^F3,F2	$1.67	holding	—	—	—	Feb 28, 2018	Feb 28, 2027	Common Stock	150,000	150,000	D

F1Shares acquired as part of scheduled ESPP purchases.
F2The shares subject to this option shall vest and become exercisable at a rate of 25% of the total number of shares on the one-year anniversary of January 4, 2018 (the "Vesting Commencement Date") and 6.25% of the total number of shares shall vest each quarterly anniversary of the Vesting Commencement Date thereafter, for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the Vesting Commencement Date.
F3Options vest over a four year term of which one-fourth vests on the Date Exercisable, with the remaining options vesting quarterly over three years thereafter.
F4Not Applicable