Carroll David Francis's Form 4 filing
IVERIC bio, Inc. (ISEE) · filed Dec 13, 2022
- Accession no.
- 0001410939-22-000127
- Filed
- Dec 13, 2022
- Trade date
- Dec 9-13, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $189.6K. It was filed 4 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 |
|---|---|
| Carroll David FrancisCIK 0001703623 | Officer (CFO) |
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 |
|---|---|---|---|---|---|---|---|---|
| Dec 9, 2022 | Common Stock | MOption exerciseAcquired | +10,000 | $0.00F1 | $0 | 50,998 | Direct | |
| Dec 12, 2022 | Common Stock | SSaleDisposed | −2,405 | $20.66F4 | −$49,687.3 | 48,593 | Direct | |
| Dec 12, 2022 | Common Stock | SSaleDisposed | −1,541 | $21.25F5 | −$32,746.25 | 47,052 | Direct | |
| Dec 12, 2022 | Common Stock | MOption exerciseAcquired | +12,500 | $0.00F1 | $0 | 59,552 | Direct | |
| Dec 13, 2022 | Common Stock | SSaleDisposed | −4,932 | $21.73F7 | −$107,172.36 | 54,620 | 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 |
|---|---|---|---|---|---|---|---|---|
| Dec 9, 2022 | Common Stock | MOption exerciseDisposed | −10,000 | $0.00 | $0 | 10,000 | Direct | |
| Dec 12, 2022 | Common Stock | MOption exerciseDisposed | −12,500 | $0.00 | $0 | 0 | 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.
- F1
Restricted stock units converted into common stock on a one-for-one basis upon vesting of the units.
Referenced by the price of 2 transactions in Table I.
- F4
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 $20.05 to $20.96 on December 12, 2022 on behalf of a group of employees of the Registrant to satisfy the payment of withholding tax liability of such employees. The Reporting Person undertakes to provide upon request by the staff of the Securities 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.
- F5
The sale price of the Reporting Person's shares represents the price of all shares sold by a broker in multiple transactions effected on December 12, 2022 on behalf of a group of employees of the Registrant to satisfy the payment of withholding tax liability of such employees.
Referenced by the price of 1 transaction in Table I.
- F7
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 $21.31 to $22.13 on December 13, 2022 on behalf of a group of employees of the Registrant to satisfy the payment of withholding tax liability of such employees. The Reporting Person undertakes to provide upon request by the staff of the Securities 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.