Jesse Chew - Nov 30, 2023 Form 4 Insider Report for ACCURAY INC (ARAY)

Role
SVP, General Counsel
Signature
/s/Gina Corradetti, Power of Attorney for Jesse Chew
Stock symbol
ARAY
Transactions as of
Nov 30, 2023
Transactions value $
-$73,565
Form type
4
Date filed
12/4/2023, 08:50 PM
Previous filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARAY Common Stock Award $0 +132K +47.23% $0.00 412K Nov 30, 2023 Direct F1, F2
transaction ARAY Common Stock Sale -$73.6K -29.8K -7.23% $2.47 382K Dec 1, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents a Restricted Stock Unit grant with a grant date of 11/30/2023 that vest annually over three years from grant date.
F2 Adjusted to remove shares related to Performance Stock Unit grants erroneously reported on Table I on October 4, 2021 and December 7, 2022.
F3 Shares were automatically sold in accordance with Accuray policy for all restricted stock unit (RSU) releases in order to cover tax obligations upon RSU release and is consistent with Accuray practices for all RSU releases of employees located in the United States.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.4707 to $2.4835, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.