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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1534133	Graybug Vision Inc.	GRAY	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1241009	S Robert Breuil	C/O Graybug Vision, Inc. 203 Redwood Shores Parkway, Suite 620 Redwood City CA 94065	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-09-22	20,000	$0.00	20,000	No	4	M	Direct
Common Stock	Disposition	2021-09-22	7,283	$3.55	12,717	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2021-09-22	20,000	$0.00	20,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
60,000			No	4	M	Direct

Footnotes

Each RSU represents a contingent right to receive one share of the Issuer's common stock.
Represents the aggregate number of shares sold by the Reporting Person to cover taxes and fees due upon the release and settlement of theRestricted Stock Units ("RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason otherthan to cover required taxes and fees.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.47 to$3.61 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of theSecurities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within therange set forth in this footnote.
The RSUs vested as to 1/4 of the total shares on September 4, 2021, but were not settled and issued until September 22, 2021. 1/12 of the remaining shares shall vest quarterly thereafter such that the RSUs shall be fully vested on September 4, 2024, subject to the continued service of the Reporting Person to the Issuer through each vesting date.
The RSUs do not expire; they either vest or are canceled prior to vest date.