SEC Form 4 · accession 0000950103-18-005159
ViewRay, Inc. · VRAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Caley Castelein
Director
Period of report
Nov 15, 2017
Accepted (ET)
Apr 25, 2018 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001597313
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 15, 2017 | A | 8,104 | $0.00 | A | 159,833 | D | |
| Common StockF3,F4 | holding | — | — | — | 130,600 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F5 | $8.02 | Nov 15, 2017 | A | 45,633 | A | — | Nov 15, 2027 | Common Stock | 45,633 | 45,633 | D |
Explanation of responses
- F1The reported securities are fully vested RSUs that entitle the Reporting Person to receive one share of Common Stock per RSU upon the earlier of (i) the Reporting Person's termination of service from the Issuer's board of directors or (ii) a Change of Control of the Issuer as defined in the Issuer's 2015 Equity Incentive Award Plan.
- F2Includes 29,729 RSUs.
- F3The amount reported does not include 151,729 shares held directly by the Reporting Person and which were inadvertently included in his indirect holdings as reported on his Form 4 filed November 9, 2017.
- F4By KVP Capital, L.P., an entity controlled by Mr. Castelein.
- F527,174 of the shares subject to the option were fully vested on November 15, 2017. 1/12 of the remaining 18,459 shares subject to the option vested and became exercisable on each monthly anniversary measured from June 19, 2017, such that 100% of the shares subject to the option will fully vest on June 19, 2018.