Robert McCormack - 01 Mar 2022 Form 4 Insider Report for ViewRay, Inc.

Role
SVP Gen Counsel & Corp Sec
Signature
/s/ Sanket Shah, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
01 Mar 2022
Net transactions value
-$249,231
Form type
4
Filing time
03 Mar 2022, 18:18:24 UTC
Previous filing
26 Oct 2021
Next filing
25 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRAYQ Common Stock Tax liability $68,256 -16,487 -3.4% $4.14* 463,147 01 Mar 2022 Direct F1
transaction VRAYQ Common Stock Tax liability $21,458 -5,183 -1.1% $4.14* 457,964 01 Mar 2022 Direct F1
transaction VRAYQ Common Stock Award $0 +84,541 +18% $0.000000 542,505 01 Mar 2022 Direct F2
transaction VRAYQ Common Stock Tax liability $159,517 -37,622 -6.9% $4.24* 504,883 02 Mar 2022 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRAYQ Performance Units Award $0 +84,541 $0.000000 84,541 01 Mar 2022 Common Stock 84,541 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax liability by withholding securities incident to vesting of restricted stock units.
F2 The reported securities are RSUs that entitle the Reporting Person to receive one share of Common Stock per RSU upon vesting. A total of one-third of the shares subject to this grant become vested on each of the first three anniversaries of March 1, 2022, subject to the Reporting Person remaining a service provider through each such vesting date.
F3 Includes 504,883 shares granted as RSUs. As of the transaction date, 184,540 of the RSUs have vested.
F4 These performance share awards were issued at a 100% target and have a 3-year vest period and will vest in all or in part upon achievement of performance metrics. Any awards that have not been vested and released at the end of the 3-year period will be cancelled.