X0306 4 2019-07-16 0 0001597313 ViewRay, Inc. VRAY 0001018538 WILENSKY GAIL R C/O VIEWRAY, INC. 2 THERMO FISHER WAY OAKWOOD VILLAGE OH 44146 1 0 0 0 Common Stock 2019-07-16 4 A 0 2459 9.19 A 2459 D Common Stock 2019-08-01 4 A 0 6519 8.82 A 8978 D Stock Option (right to buy) 8.82 2019-08-01 4 A 0 19841 0.00 A 2029-08-01 Common Stock 19841 19841 D The reported securities are Deferred Stock Units ("DSUs") that entitle the holder to receive on share of Common Stock per DSU upon the earliest of (i) the Reporting Person's termination of service from the Issuer's board of directors, (ii) a Change of Control of the Issuer as defined in the Issuer's 2015 Equity Incentive Award Plan or (iii) July 16, 2029 (the tenth anniversary of the grant date). 1/6th of these DSUs shall vest on the last day of each calendar month beginning on July 31, 2018, such that 100% of the shares will be vested on December 31, 2019, subject to the Reporting Person remaining a service provider through each such vesting date. These DSUs were issued to the Reporting Person pursuant to ViewRay, Inc.'s Non-Employee Director Compensation Policy in lieu of retainer and committee service fees of $22,500. The reported securities are Restricted Stock Units ("RSUs") that entitle the holder to receive one share of Common Stock per RSU upon vesting. All of these RSUs shall vest on January 2, 2020, subject to the Reporting Person remaining a service provider through such date. 1/36th of the shares subject to the option shall vest and become exercisable on each monthly anniversary measured from August 1, 2018 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested on the third anniversary of the Vesting Commencement Date, subject to the Reporting Person remaining a service provider through each such vesting date. /s/ Robert McCormack, Attorney-in-Fact 2019-08-05