Form Type: 4

SEC EDGAR Link
Accession Number:0001104659-21-149633
Date:2021-12-12
Issuer: IVERIC BIO, INC. (ISEE)
Original Submission Date:

Reporting Person:

WESTBY KEITH
C/O IVERIC BIO, INC.
5 PENN PLAZA, SUITE 2372 NEW YORK, NY 10001

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-12-12 M 12,500 a $0.00 124,591 direct
COMMON STOCK 2021-12-13 S 4,517 d $14.74 120,074 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2021-12-12 deemed execution date M 12,500 (d) common stock 12,500 $0.00 12,500 direct
Footnotes
IDfootnote
f1 restricted stock units converted into common stock on a one-for-one basis upon vesting of the units.
f2 represents shares automatically sold pursuant to the prespecified terms of the applicable restricted stock unit agreement to satisfy the reporting person's minimum statutory withholding obligations with respect to the income recognized by the reporting person upon the vesting of the restricted stock units on december 12, 2021.
f3 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 $14.50 to $14.99 on december 13, 2021 on behalf of a group of employees of the registrant to satisfy the payment of withholding tax liability of such employees. the reporting person undertakes to provide upon request by the staff of the securities exchange commission, the registrant or a security holder of the registrant, information regarding the number of shares sold at each price within the range.
f4 on december 12, 2018, the reporting person was granted an award of 50,000 restricted stock units, which vest with respect to 25% of the shares subject to the award on each of the first, second, third and fourth anniversaries of the grant date, subject to continued employment with the registrant and the other terms and conditions under the registrant's 2013 stock incentive plan.
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