Suzanne Winter - 30 Nov 2023 Form 4 Insider Report for ACCURAY INC (ARAY)

Role
President
Signature
/s/Gina Corradetti, Power of Attorney for Suzanne Winter
Issuer symbol
ARAY
Transactions as of
30 Nov 2023
Transactions value $
-$161,624
Form type
4
Filing time
04 Dec 2023, 20:50:47 UTC
Previous filing
03 Nov 2023
Next filing
02 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARAY Common Stock Award $0 +518,867 +57% $0 1,435,201 30 Nov 2023 Direct F1, F2
transaction ARAY Common Stock Sale -$161,624 -65,390 -4.6% $2.47 1,369,811 01 Dec 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents a Restricted Stock Unit grant with a grant date of 11/30/2023 that vest annually over three years from grant date.
F2 Adjusted to remove shares related to Performance Stock Unit grants erroneously reported on Table I on October 4, 2021 and December 7, 2022.
F3 Shares were automatically sold in accordance with Accuray policy for all restricted stock unit (RSU) releases in order to cover tax obligations upon RSU release and is consistent with Accuray practices for all RSU releases of employees located in the United States.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.4707 to $2.494817, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.