WESTBY KEITH (SVP & COO) sold 50.2% of their position (40K shares) of IVERIC BIO, INC. on the open market

Open‑market sale worth $1.50M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

WESTBY KEITH

Filed: 5/3/2023ACC: 0001410939-23-000061

InsiderWESTBY KEITHCIK 1696429

→

IssuerIVERIC BIO, INC.CIK 1410939

Officer· SVP & COO

Since Dec 2018

-40K

Net shares

Net seller

$1.50M

Total sold

Open market trades

0B · 3S

Total transactions

40K acquired · 80K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+8.79K

Price / share

$4.52

Trade value

$39.71K

% of position

22.2%

5/1/2023

39.65K→48.44K

Common Stock

Direct

S · Sale

−8.79K

Price / share

$37.12

Trade value

$326.14K

% of position

18.1%

5/1/2023

48.44K→39.65K

Common Stock

Direct

M · Option Exercise

+11.21K

Price / share

$5.22

Trade value

$58.54K

% of position

28.3%

5/1/2023

39.65K→50.87K

Common Stock

Direct

S · Sale

−11.21K

Price / share

$37.12

Trade value

$416.26K

% of position

22.0%

5/1/2023

50.87K→39.65K

Common Stock

Direct

M · Option Exercise

+20K

Price / share

$2.94

Trade value

$58.80K

% of position

50.4%

5/2/2023

39.65K→59.65K

Common Stock

Direct

S · Sale

−20K

Price / share

$37.81

Trade value

$756.20K

% of position

33.5%

5/2/2023

59.65K→39.65K

Total

Net shares

+0.00

Net value

-$1.34M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/1/2023	M · Option Exercise	+8.79K	$4.52	$39.71K	22.2%	39.65K	48.44K
Common Stock Direct	5/1/2023	S · Sale	−8.79K	$37.12	$326.14K	18.1%	48.44K	39.65K
Common Stock Direct	5/1/2023	M · Option Exercise	+11.21K	$5.22	$58.54K	28.3%	39.65K	50.87K
Common Stock Direct	5/1/2023	S · Sale	−11.21K	$37.12	$416.26K	22.0%	50.87K	39.65K
Common Stock Direct	5/2/2023	M · Option Exercise	+20K	$2.94	$58.80K	50.4%	39.65K	59.65K
Common Stock Direct	5/2/2023	S · Sale	−20K	$37.81	$756.20K	33.5%	59.65K	39.65K
Total			+0.00		-$1.34M

Derivative Transactions3

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

8.79K shares

−8.79K

Strike price

4.52

Held after

0.00

Exercisable

—

5/1/2023

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

11.21K shares

−11.21K

Strike price

5.22

Held after

63.79K

Exercisable

—

5/1/2023

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

20K shares

−20K

Strike price

2.94

Held after

120K

Exercisable

—

5/2/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (right to buy) Direct	Common Stock8.79K shares	5/1/2023	M · Option Exercise	−8.79K	4.52	—	0.00
Stock Option (right to buy) Direct	Common Stock11.21K shares	5/1/2023	M · Option Exercise	−11.21K	5.22	—	63.79K
Stock Option (right to buy) Direct	Common Stock20K shares	5/2/2023	M · Option Exercise	−20K	2.94	—	120K