SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Raanes Chris (Last) (First) (Middle) 1310 CHESAPEAKE TERRACE (Street) SUNNYVALE CA 94089 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol ACCURAY INC [ ARAY ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) SVP COO
	3. Date of Earliest Transaction (Month/Day/Year) 03/01/2011
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	03/01/2011		M		4,000	A	$0.75	62,572	D
Common Stock	03/01/2011		S		4,000	D	$9.7851(1)	58,572	D
Common Stock	03/01/2011		M		1,000	A	$0.75	59,572	D
Common Stock	03/01/2011		S		1,000	D	$9.8003(2)	58,572	D
Common Stock	03/01/2011		M		1,000	A	$0.75	59,572	D
Common Stock	03/01/2011		S		1,000	D	$9.805(3)	58,572	D
Common Stock	03/01/2011		M		1,000	A	$0.75	59,572	D
Common Stock	03/01/2011		S		1,000	D	$9.808(4)	58,572	D
Common Stock	03/01/2011		M		1,000	A	$0.75	59,572	D
Common Stock	03/01/2011		S		1,000	D	$9.805(5)	58,572	D
Common Stock	03/01/2011		M		1,000	A	$0.75	59,572	D
Common Stock	03/01/2011		S		1,000	D	$9.8097(6)	58,572	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Incentive Stock Option (right to buy)	$0.75	03/01/2011		M			4,000	(7)	12/02/2012	Common Stock	4,000	$0	162,000	D
Incentive Stock Option (right to buy)	$0.75	03/01/2011		M			1,000	(7)	12/02/2012	Common Stock	1,000	$0	161,000	D
Incentive Stock Option (right to buy)	$0.75	03/01/2011		M			1,000	(7)	12/02/2012	Common Stock	1,000	$0	160,000	D
Incentive Stock Option (right to buy)	$0.75	03/01/2011		M			1,000	(7)	12/02/2012	Common Stock	1,000	$0	159,000	D
Incentive Stock Option (right to buy)	$0.75	03/01/2011		M			1,000	(7)	12/02/2012	Common Stock	1,000	$0	158,000	D
Incentive Stock Option (right to buy)	$0.75	03/01/2011		M			1,000	(7)	12/02/2012	Common Stock	1,000	$0	157,000	D

Explanation of Responses:

1. A total of 4,000 shares were sold pursuant to a 10b-5-1 Plan at an average sale price of $9.785075 per share. The actual sale price for the shares was: 1,900 shares at $9.80; 100 shares at $9.8025; 1,900 shares at $9.77; 100 shares at $9.7705.

2. A total of 1,000 shares were sold pursuant to a 10b-5-1 Plan at an average sale price of $9.80025 per share. The actual sale price for the shares was: 900 shares at $9.80; 100 shares at $9.8025.

3. A total of 1,000 shares were sold pursuant to a 10b-5-1 Plan at an average sale price of $9.80501 per share. The actual sale price for the shares was: 599 shares at $9.80; 301 shares at $9.81; 100 shares at $9.82.

4. A total of 1,000 shares were sold pursuant to a 10b-5-1 Plan at an average sale price of $9.80804 per share. The actual sale price for the shares was: 418 shares at $9.80; 360 shares at $9.81; 222 shares at $9.82.

5. A total of 1,000 shares were sold pursuant to a 10b-5-1 Plan at an average sale price of $9.805 per share. The actual sale price for the shares was: 500 shares at $9.81; 500 shares at $9.80.

6. A total of 1,000 shares were sold pursuant to a 10b-5-1 Plan at an average sale price of $9.80965 per share. The actual sale price for the shares was: 965 shares at $9.81; 35 shares at $9.80.

7. The options are exercisable as they vest. A total of 25% of the entire number of shares subject to this stock option becomes vested and fully exercisable on the first anniversary of the vesting commencement date and the remaining shares subject to this stock option vest and become exercisable in equal monthly installments, ratably over the following 36 months.

	By: Michael Olivas For: Chris A. Raanes	03/02/2011
	** Signature of Reporting Person	Date
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.