SEC Form 4 · accession 0001615774-18-000198
Vivani Medical, Inc. · VANI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J. Greenberg
Officer — Chairman of Board · Director
Period of report
Jan 4, 2018
Accepted (ET)
Jan 8, 2018 · 7:36 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 | holding | — | — | — | 172,911 | 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)F4,F1 | $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)F2 | $1.97 | holding | — | — | — | Jan 3, 2018 | Jan 3, 2027 | Common Stock | 256,410 | 256,410 | D |
| Non-Qualified Stock Option (right to buy)F2 | $4.10 | holding | — | — | — | Jan 21, 2017 | Jan 21, 2026 | Common Stock | 57,563 | 57,563 | D |
| Non-Qualified Stock Option (right to buy)F3 | $5.00 | holding | — | — | — | Feb 1, 2009 | Feb 1, 2018 | Common Stock | 23,750 | 23,750 | D |
| Non-Qualified Stock Option (right to buy)F3 | $5.00 | holding | — | — | — | Nov 1, 2009 | Nov 1, 2018 | Common Stock | 150,000 | 150,000 | D |
| Non-Qualified Stock Option (right to buy)F3 | $5.00 | holding | — | — | — | Feb 1, 2010 | Feb 1, 2019 | Common Stock | 33,750 | 33,750 | D |
| Non-Qualified Stock Option (right to buy)F3 | $5.00 | holding | — | — | — | Feb 1, 2011 | Feb 1, 2020 | Common Stock | 103,750 | 103,750 | D |
| Non-Qualified Stock Option (right to buy)F3 | $5.00 | holding | — | — | — | Mar 1, 2012 | Mar 1, 2021 | Common Stock | 41,563 | 41,563 | D |
| Non-Qualified Stock Option (right to buy)F3 | $5.00 | holding | — | — | — | Mar 1, 2013 | Mar 1, 2022 | Common Stock | 38,750 | 38,750 | D |
| Non-Qualified Stock Option (right to buy)F3 | $5.00 | holding | — | — | — | Apr 1, 2015 | Apr 1, 2024 | Common Stock | 46,875 | 46,875 | D |
| Non-Qualified Stock Option (right to buy)F3 | $9.00 | holding | — | — | — | Sep 26, 2015 | Sep 26, 2024 | Common Stock | 414,659 | 414,659 | D |
| Non-Qualified Stock Option (right to buy)F3 | $13.09 | holding | — | — | — | Mar 25, 2016 | Mar 25, 2025 | Common Stock | 31,250 | 31,250 | D |
Explanation of responses
- F1The 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.
- F2Options 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.
- F3Options vest in 4 yearly increments starting with the Date Exercisable
- F4Not Applicable