0001104659-21-149248.txt : 20211213 0001104659-21-149248.hdr.sgml : 20211213 20211213195216 ACCESSION NUMBER: 0001104659-21-149248 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211209 FILED AS OF DATE: 20211213 DATE AS OF CHANGE: 20211213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Westby Keith CENTRAL INDEX KEY: 0001696429 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36080 FILM NUMBER: 211489367 MAIL ADDRESS: STREET 1: ONE UNIVERSITY SQUARE DRIVE, SUITE 280 CITY: PRINCETON STATE: NJ ZIP: 08540 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: IVERIC bio, Inc. CENTRAL INDEX KEY: 0001410939 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 208185347 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5 PENN PLAZA STREET 2: SUITE 2372 CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-845-8200 MAIL ADDRESS: STREET 1: 5 PENN PLAZA STREET 2: SUITE 2372 CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: Ophthotech Corp. DATE OF NAME CHANGE: 20070828 4 1 tm2135347-3_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2021-12-09 0 0001410939 IVERIC bio, Inc. ISEE 0001696429 Westby Keith C/O IVERIC BIO, INC. 5 PENN PLAZA, SUITE 2372 NEW YORK NY 10001 0 1 0 0 SVP & COO Common Stock 2021-12-09 4 M 0 10000 A 115705 D Common Stock 2021-12-10 4 S 0 3614 14.5315 D 112091 D Restricted Stock Units 2021-12-09 4 M 0 10000 0 D Common Stock 10000 20000 D Restricted stock units converted into common stock on a one-for-one basis upon vesting of the units. This total includes 210 shares acquired by the Reporting Person on March 15, 2017, 2,903 shares acquired by the Reporting Person on September 15, 2017, 5,230 shares acquired by the Reporting Person on March 15, 2019, 7,722 shares acquired by the Reporting Person on September 16, 2019, 1,626 shares acquired by the Reporting Person on March 15, 2021, and 1,548 shares acquired by the Reporting Person on September 15, 2021, under the Registrant's 2016 Employee Stock Purchase Plan that were not previously reported. 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 9, 2021. 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 $14.35 to $14.74 on December 10, 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. On December 9, 2019, the Reporting Person was granted an award of 40,000 restricted stock units, which vests 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. /s/ Todd Anderman, as Attorney-in-Fact for Keith Westby 2021-12-13