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: Chew Jesse (SVP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-31	Common Stock	S	373	$2.6118	Disposed	36067	Direct
2019-10-31	Common Stock	A	55480	$0.0	Acquired	91547	Direct
2019-11-01	Common Stock	S	1770	$2.5697	Disposed	89777	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	122360	Acquired	2029-10-31	Common Stock (122360)	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: The restricted stock units (RSUs) are released at vest. At total of 34% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 33% on the second anniversary and 33% on the third anniversary of the commencement date.

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.