Jesse Chew - 30 Nov 2022 Form 4 Insider Report for ACCURAY INC (ARAY)

Signature
/s/Franco Palomba, Power of Attorney for Jesse Chew
Issuer symbol
ARAY
Transactions as of
30 Nov 2022
Net transactions value
$0
Form type
4
Filing time
07 Dec 2022, 15:45:52 UTC
Previous filing
02 Nov 2022
Next filing
02 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARAY Common Stock Award $0 +118,110 +48% $0.000000 364,590 30 Nov 2022 Direct F1
transaction ARAY Common Stock Award $0 +118,110 +32% $0.000000 482,700 30 Nov 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents a Performance Stock Unit grant on 11/30/22 with a performance end-date of 06/30/2025. The maximum payout potential is 150% and subject to continuous employment. The metrics weighting consisting of 75% company revenue and 25% EBIDTA Margin.
F2 This represents a Restricted Stock Unit grant with a grant date of 11/30/2022 that vest annually over three years from grant date.