SEC Form 4 · accession 0000950103-18-008822
ViewRay, Inc. · VRAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shahriar Matin
Officer — Chief Operating Officer
Period of report
Jul 22, 2018
Accepted (ET)
Jul 24, 2018 · 8:04 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 Stock | Jul 22, 2018 | A | 577,500 | $0.00 | A | 577,500 | D |
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)F2 | $9.66 | Jul 22, 2018 | A | 962,500 | A | — | Jul 22, 2028 | Common Stock | 962,500 | 962,500 | D |
Explanation of responses
- F1A total of one-third of the shares subject to this grant become vested on each of the first three anniversaries of July 22, 2018, subject to the Reporting Person remaining a service provider through each such vesting date.
- F2The shares subject to this stock option are subject to service-based vesting requirements. 25% of the shares subject to the option shall vest and become exercisable on the first anniversary of July 22, 2018 (the "Vesting Commencement Date"), and thereafter, the remainder of the reported securities vest in equal monthly increments over the following 36 months, such that 100% of the reported securities will be vested as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through each such vesting date.