Filing Details
- Accession Number:
- 0001209191-19-012321
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-21 19:45:56
- Reporting Period:
- 2019-02-19
- Accepted Time:
- 2019-02-21 19:45:56
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1266806 | Second Sight Medical Products Inc | EYES | Electromedical & Electrotherapeutic Apparatus (3845) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1345539 | Will Jonathan Mcguire | 12744 San Fernando Road Suite 400 Sylmar CA 91342 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2019-02-19 | 11,875 | $0.00 | 117,850 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-02-20 | 4,724 | $0.73 | 113,126 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Option(right to buy) | Acquisiton | 2019-02-19 | 354,000 | $0.00 | 354,000 | $0.74 |
| Common Stock | Restricted Stock Units(RSUs) | Acquisiton | 2019-02-19 | 177,000 | $0.00 | 177,000 | $0.00 |
| Common Stock | Restricted Stock Units(RSUs) | Disposition | 2018-02-19 | 11,875 | $0.00 | 11,875 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 354,000 | 2019-03-19 | 2029-02-19 | No | 4 | A | Direct |
| 177,000 | 2020-02-19 | No | 4 | A | Direct | |
| 23,750 | 2016-08-17 | 2019-08-17 | No | 4 | M | Direct |
Footnotes
- 11,875 shares of common stock acquired upon partial vesting and release of common stock from restricted stock units (RSUs).
- 4,724 shares were sold to satisfy the tax withholding obligations on partial vesting and release of common stock from RSUs.
- The stock options have a 10-year term and vest over four years from the grant date in equal monthly installments, subject to continuous employment, such that the total number shall be fully vested on the four-year anniversary of the transaction date.
- The RSUs will vest over four years, in equal annual installments, subject to continuous employment.
- RSUs were granted on 8/17/2015 and vest over a 4 year term, with 25% of the total number of units vesting on the first anniversary of the grant date and thereafter vesting in 12 equal quarterly installments of 6.25% of the total number of units.
Billionaire Hedge Funds
