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Filing Details

Accession Number:: 0001437749-18-015779
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-08-16 17:43:54
Reporting Period:: 2018-08-14

Accepted Time:: 2018-08-16 17:43:54
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1266806	Second Sight Medical Products Inc	EYES	Electromedical & Electrotherapeutic Apparatus (3845)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1624919	Gregg Williams	12744 San Fernando Road Suite 400 Sylmar CA 91342		Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2018-08-14	5,680	$1.56	26,725,519	No	4	P	Indirect	See footnote
Common Stock	Acquisiton	2018-08-14	3,225,807	$1.55	29,951,326	No	4	P	Indirect	See footnote
Common Stock	Acquisiton	2018-08-15	15,875	$1.53	29,967,201	No	4	P	Indirect	See footnote.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote
No	4	P	Indirect	See footnote
No	4	P	Indirect	See footnote.

Footnotes

Sam B Williams 95 GST Trust ("GST") acquired 2,840 shares of common stock on August 14, 2018 and 7,938 shares on August 15, 2018. The Gregg G. Williams 2006 Trust ("GW Trust") acquired 2,840 shares of common stock on August 14, 2018 and 7,937 shares on August 15, 2018. Purchases were made pursuant to 10b5-1 plan dated June 14, 2018. Mr. Williams is a trustee of both trusts.
Represents the weighted average price for the shares. The shares were purchased at prices ranging from $1.52 per share to $1.58 per share. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares purchased at each separate price.
Sam B Williams 95 GST Trust ("GST") acquired 1,612,903 shares of common stock and the Gregg G. Williams 2006 Trust ("GW") acquired 1,612,904 shares of common stock both in a private placement pursuant to a Securities Purchase Agreement ("SPA") on August 14, 2018 from the issuer at a purchase price of $1.55 per share, the last reported sale price by Nasdaq on August 14, 2018. Mr. Williams is a trustee of GST and GW.
Represents the weighted average price for the shares. The shares were purchased at prices ranging from $1.51 per share to $1.57 per share. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares purchased at each separate price.
After giving effect to the transactions reported on this Form 4, shares beneficially owned by Mr. Williams include (i) 17,340,965 shares of common stock and warrants to purchase 6,802,721 shares of common stock owned by GW Trust, (ii) 1,484,254 shares of common stock owned by Williams International Co. LLC, whose manager is Mr. Williams, (iii) 4,358,082 shares of common stock owned by Sam Williams Family Investments LLC, whose manager is Mr. Williams, and (iv) 6,783,900 shares of common stock owned by GST.