ACCURAY INC — Director's Dealing 2019

Nov 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACCURAY INC (ARAY)
CIK: 0001138723
Period of Report: 2019-10-31

Reporting Person: LEVINE JOSHUA (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-31	Common Stock	S	28081	$2.6108	Disposed	931063	Direct
2019-10-31	Common Stock	A	418490	$0.0	Acquired	1349553	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-31	Non-Qualified Stock Option (right to buy)	$2.6	A	923020	Acquired	2029-10-31	Common Stock (923020)	Direct

Footnotes

F1: 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.

F2: Fiscal year 2020 Performance award with Performance Measurement Period from 7/1/2019 to 6/30/2020. If the performance metrics are met the vesting will occur on the last day of the quarter for two years beginning 9/30/2020 contingent on continued employment.

F3: The options are exercisable as they vest. A total of 25% of the entire number of shares subject to this stock option becomes vested and fully exercisable on the first anniversary of the vesting commencement date and the remaining shares subject to this stock option vest and become exercisable in equal monthly installments, ratably over the following 36 months.