# EDGAR Filing Document

**Accession Number:** 0001597313
**File Stem:** 0001628280-23-008798
**Filing Date:** 2023-3
**Character Count:** 8021
**Document Hash:** b0ab5dd1566e776727db0658f0bb0a99
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-23-008798.hdr.sgml**: 20230321

**ACCESSION NUMBER**: 0001628280-23-008798

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221024

**FILED AS OF DATE**: 20230321

**DATE AS OF CHANGE**: 20230321

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Dempsey James F.
- **CENTRAL INDEX KEY:** 0001637089

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37725
- **FILM NUMBER:** 23750806

**MAIL ADDRESS:**
- **STREET 1:** C/O VIEWRAY INCORPORATED
- **STREET 2:** 2 THERMO FISHER WAY
- **CITY:** OAKWOOD VILLAGE
- **STATE:** OH
- **ZIP:** 44146
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ViewRay, Inc.
- **CENTRAL INDEX KEY:** 0001597313
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
- **IRS NUMBER:** 421777485
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 2 THERMO FISHER WAY
- **CITY:** OAKWOOD VILLAGE
- **STATE:** OH
- **ZIP:** 44146
- **BUSINESS PHONE:** 440-703-3210

**MAIL ADDRESS:**
- **STREET 1:** 2 THERMO FISHER WAY
- **CITY:** OAKWOOD VILLAGE
- **STATE:** OH
- **ZIP:** 44146

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Mirax Corp
- **DATE OF NAME CHANGE:** 20140116

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Dempsey James F.<br><sub>(Last) (First) (Middle)</sub><br>C/O VIEWRAY, INC.<br>1099 18TH STREET, SUITE 3000<br><sub>(Street)</sub><br>DENVER, CO 80202<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2022-10-24 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Scientific Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>ViewRay, Inc. [ VRAY ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2022-10-24 |  | F |  | 37681<sup>(1)</sup> | D | $4.30 | 642165 | D |  |
| Common Stock | 2023-03-01 |  | A |  | 86405<sup>(2)</sup> | A | $0 | 728570 | D |  |
| Common Stock | 2023-03-01 |  | F |  | 19630<sup>(1)</sup> | D | $4.12 | 708940 | D |  |
| Common Stock | 2023-03-01 |  | F |  | 14872<sup>(1)</sup> | D | $4.12 | 694068 | D |  |
| Common Stock | 2023-03-02 |  | F |  | 39700<sup>(1)</sup> | D | $4.12 | 654368 | D |  |
| Common Stock | 2023-03-03 |  | M |  | 42000 | A | $0.75 | 696368 | D |  |
| Common Stock | 2023-03-03 |  | S |  | 42000<sup>(3)</sup> | D | $4.13 | 654368 | D |  |
| Common Stock | 2023-03-07 |  | M |  | 125000 | A | $0.75 | 779368<sup>(4)</sup> | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Performance Units | $0.0 | 2023-03-01 |  | A |  | 86405 |  | <sup>(5)</sup> | <sup>(5)</sup> | Common Stock | 86405.0 | $0 | 86405 | D |  |
| Stock Option (right to buy) | $0.75 | 2023-03-03 |  | M |  |  | 42000 | <sup>(6)</sup> | 2024-04-11 | Common Stock | 42000.0 | $0.75 | 292305 | D |  |
| Stock Option (right to buy) | $0.75 | 2023-03-07 |  | M |  |  | 125000 | <sup>(6)</sup> | 2024-04-11 | Common Stock | 125000.0 | $0.75 | 167305 | D |  |

---

### Footnotes:

(1) Payment of tax liability by withholding securities incident to vesting of restricted stock units.

(2) The reported securities are RSUs that entitle the Reporting Person to receive one share of Common Stock per RSU upon vesting. A total of one-third of the shares subject to this grant become vested on each of the first three anniversaries of March 1, 2023, subject to the Reporting Person remaining a service provider through each such vesting date.

(3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.090 to $4.145, inclusive. The reporting person undertakes to provide ViewRay, Inc., any security holder of ViewRay, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

(4) Includes 774,426 shares granted as RSUs. As of the transaction date, 294,131 of the RSUs have vested.

(5) These performance share awards were issued at a 100% target and have a 3-year vest period and will vest in all or in part upon achievement of performance metrics. Any awards that have not been vested and released at the end of the 3-year period will be cancelled.

(6) All of the shares subject to this option are fully vested and exercisable as of the date of exercise.

**Signature:** /s/ Robert McCormack, Attorney-in-fact  
**Date:** 2023-03-21

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**