Westby Keith's Form 4 filing
IVERIC bio, Inc. (ISEE) · filed Apr 6, 2022
- Accession no.
- 0001410939-22-000050
- Filed
- Apr 6, 2022
- Trade date
- Apr 4-5, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $570.2K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Westby KeithCIK 0001696429 | Officer (SVP & COO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 4, 2022 | Common Stock | MOption exerciseAcquired | +20,702 | $1.45 | +$30,017.9 | 129,830 | Direct | |
| Apr 4, 2022 | Common Stock | SSaleDisposed | −20,702 | $19.00F2 | −$393,338 | 109,128 | Direct | |
| Apr 5, 2022 | Common Stock | MOption exerciseAcquired | +9,298 | $1.45 | +$13,482.1 | 118,426 | Direct | |
| Apr 5, 2022 | Common Stock | SSaleDisposed | −9,298 | $19.02F3 | −$176,847.96 | 109,128 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 4, 2022 | Common Stock | MOption exerciseDisposed | −20,702 | $1.45 | −$30,017.9 | 79,298 | Direct | |
| Apr 5, 2022 | Common Stock | MOption exerciseDisposed | −9,298 | $1.45 | −$13,482.1 | 70,000 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The sale price of the Reporting Person's shares represents the weighted average price of all shares sold by a broker in multiple transactions effected at prices ranging from $19.00 to $19.01 per share on April 4, 2022. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Registrant or a security holder of the Registrant, information regarding the number of shares sold at each price within the range.
Referenced by the price of 1 transaction in Table I.
- F3
The sale price of the Reporting Person's shares represents the weighted average price of all shares sold by a broker in multiple transactions effected at prices ranging from $19.00 to $19.11 per share on April 5, 2022. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Registrant or a security holder of the Registrant, information regarding the number of shares sold at each price within the range.
Referenced by the price of 1 transaction in Table I.