SEC Form 4 · accession 0001615774-18-000518
Vivani Medical, Inc. · VANI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas B Miller
Officer — Chief Financial Officer
Period of report
Jan 19, 2018
Accepted (ET)
Jan 23, 2018 · 6:10 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 | — | — | — | 78,354 | 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 | $1.83 | Jan 19, 2018 | A | 150,000 | A | Jan 19, 2019 | Jan 19, 2028 | Common Stock | 150,000 | 150,000 | D |
| Warrant to Purchase Common Stock | $1.47 | holding | — | — | — | Mar 14, 2017 | Mar 14, 2022 | Common Stock | 86,135 | 86,135 | D |
| Non-qualified Stock Option (right to buy)F2 | $1.97 | holding | — | — | — | Jan 3, 2018 | Jan 3, 2027 | Common Stock | 181,980 | 181,980 | D |
| Non-qualified Stock Option (right to buy)F2 | $4.10 | holding | — | — | — | Jan 21, 2017 | Jan 21, 2026 | Common Stock | 38,225 | 38,225 | D |
| Non-qualified Stock Option (right to buy)F3 | $7.00 | holding | — | — | — | Aug 1, 2015 | Aug 1, 2024 | Common Stock | 175,000 | 175,000 | D |
| Non-qualified Stock Option (right to buy)F3 | $13.09 | holding | — | — | — | Mar 25, 2016 | Mar 25, 2025 | Common Stock | 12,907 | 12,907 | D |
Explanation of responses
- F1Options 100% vest on the date exercisable (one year).
- 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