Sec Form 4 Filing - Cosendai Gregoire @ SECOND SIGHT MEDICAL PRODUCTS INC - 2018-01-04

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Cosendai Gregoire
2. Issuer Name and Ticker or Trading Symbol
SECOND SIGHT MEDICAL PRODUCTS INC [ EYES]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP Clinical Affairs
(Last) (First) (Middle)
12744 SAN FERNANDO ROAD, SUITE 400
3. Date of Earliest Transaction (MM/DD/YY)
01/04/2018
(Street)
SYLMAR, CA91342
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 23,484 ( 1 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 2.06 01/04/2018 A 65,000 01/04/2019( 2 ) 01/04/2028 Common Stock 65,000 ( 6 ) 65,000 D
Warrant to Purchase Common Stock $ 1.47 03/14/2017 03/14/2022 Common Stock 3,366 3,366 D
Non-Qualified Stock Option (right to buy) $ 1.97 01/03/2018( 3 ) 01/03/2027 Common Stock 228,190 228,190 D
Non-Qualified Stock Option (right to buy) $ 4.1 01/21/2017( 3 ) 01/21/2026 Common Stock 11,513 11,513 D
Non-Qualified Stock Option (right to buy) $ 5 11/01/2009( 4 ) 11/01/2018 Common Stock 20,000 200,000 D
Non-Qualified Stock Option (right to buy) $ 5 02/01/2010( 4 ) 02/01/2019 Common Stock 5,081 5,081 D
Non-Qualified Stock Option (right to buy) $ 5 05/01/2010( 4 ) 05/01/2019 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $ 5 02/01/2011( 4 ) 02/01/2020 Common Stock 14,475 14,475 D
Non-Qualified Stock Option (right to buy) $ 5 06/01/2011( 4 ) 06/01/2020 Common Stock 2,125 2,125 D
Non-Qualified Stock Option (right to buy) $ 5 12/01/2011( 5 ) 12/01/2020 Common Stock 25,000 25,000 D
Non-Qualified Stock Option (right to buy) $ 5 03/01/2012( 5 ) 03/01/2021 Common Stock 6,650 6,650 D
Non-Qualified Stock Option (right to buy) $ 5 03/01/2013( 5 ) 03/01/2022 Common Stock 7,750 7,750 D
Non-Qualified Stock Option (right to buy) $ 5 04/01/2015( 5 ) 04/01/2024 Common Stock 10,937 10,937 D
Non-Qualified Stock Option (right to buy) $ 9 09/26/2015( 5 ) 09/26/2024 Common Stock 51,009 51,009 D
Non-Qualified Stock Option (right to buy) $ 13.09 03/26/2016( 5 ) 03/25/2025 Common Stock 6,250 6,250 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cosendai Gregoire
12744 SAN FERNANDO ROAD
SUITE 400
SYLMAR, CA91342
VP Clinical Affairs
Signatures
Gregoire Cosendai 01/08/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares acquired as part of scheduled ESPP purchases.
( 2 )The shares subject to this option shall vest and become exercisable at a rate of 25% of the total number of shares on the one-year anniversary of January 4, 2018 (the "Vesting Commencement Date") and 6.25% of the total number of shares shall vest each quarterly anniversary of the Vesting Commencement Date thereafter, for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of the Vesting Commencement Date.
( 3 )Options vest over a four year term of which one-fourth vest on the Date Exercisable, with the remaining options vesting quarterly over three years thereafter.
( 4 )Options vest in 5 yearly increments starting with the Date Exercisable
( 5 )Options vest in 4 yearly increments starting with the Date Exercisable
( 6 )Not Applicable

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