Lisa Ellen Porter - 19 Jan 2023 Form 4 Insider Report for Vivani Medical, Inc. (VANI)

Signature
/s/ Lisa E. Porter
Issuer symbol
VANI
Transactions as of
19 Jan 2023
Net transactions value
$0
Form type
4
Filing time
23 Jan 2023, 20:08:22 UTC
Previous filing
31 Aug 2022
Next filing
08 Mar 2023

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 VANI Common Stock Option Award $0 +80,000 $0.000000 80,000 19 Jan 2023 Common Stock 80,000 $1.27 Direct F1
transaction VANI Common Stock Option Award $0 +40,000 $0.000000 40,000 19 Jan 2023 Common Stock 40,000 $1.27 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options have a 10-year term and vest 25% at one-year and monthly for 36 months thereafter on an equal basis.