GLENN SBLENDORIO - 02 Nov 2022 Form 4 Insider Report for IVERIC bio, Inc. (ISEE)

Signature
/s/ Todd D.C. Anderman, as Attorney-in-Fact for Glenn P. Sblendorio
Issuer symbol
ISEE
Transactions as of
02 Nov 2022
Transactions value $
-$1,150,500
Form type
4
Filing time
04 Nov 2022, 17:01:40 UTC
Previous filing
10 Jun 2022
Next filing
13 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISEE Common Stock Sale -$1.15M -50K -21.77% $23.01 180K 02 Nov 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercises and sales reported on this form were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2021, as previously disclosed in the Registrant's Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, as filed with the Securities and Exchange Commission on November 9, 2021, and as described in the Registrant's Proxy Statement for its 2022 Annual Meeting of the Stockholders, as filed with the Securities and Exchange Commission on March 30, 2022. The sales reported on this Form 4 are the final shares to be sold under the above referenced Rule 10b5-1 trading plan. This plan is now terminated.
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 $22.54 to $23.65 per share on November 2, 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.