Anne Erickson - 21 Mar 2024 Form 3 Insider Report for Savara Inc (SVRA)

Signature
/s/ Anne Erickson
Issuer symbol
SVRA
Transactions as of
21 Mar 2024
Net transactions value
$0
Form type
3
Filing time
29 Mar 2024, 10:36:09 UTC
Next filing
23 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SVRA Common Stock 354,078 21 Mar 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SVRA Stock Option (Right to Buy) 21 Mar 2024 Common Stock 20,000 $10.01 Direct F2
holding SVRA Stock Option (Right to Buy) 21 Mar 2024 Common Stock 2,000 $11.00 Direct F3
holding SVRA Stock Option (Right to Buy) 21 Mar 2024 Common Stock 25,000 $1.57 Direct F4
holding SVRA Stock Option (Right to Buy) 21 Mar 2024 Common Stock 75,000 $1.13 Direct F5
holding SVRA Stock Option (Right to Buy) 21 Mar 2024 Common Stock 50,000 $1.23 Direct F6
holding SVRA Stock Option (Right to Buy) 21 Mar 2024 Common Stock 50,000 $1.11 Direct F7
holding SVRA Stock Option (Right to Buy) 21 Mar 2024 Common Stock 150,000 $1.51 Direct F8
holding SVRA Stock Option (Right to Buy) 21 Mar 2024 Common Stock 40,000 $4.45 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 4,687 represents restricted stock units ("RSUs") that vest in substantially equal installments on April 21, 2024, July 21, 2024, and October 21, 2024; 75,000 represents RSUs that vest in full on December 13, 2024; and 160,000 represents RSUs that vest in full on December 14, 2025, in each case subject to the reporting person's continued service with the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of October 18, 2018, subject to the reporting person's continued service with the Issuer.
F3 The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of May 30, 2019, subject to the reporting person's continued service with the Issuer.
F4 The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 17, 2019, subject to the reporting person's continued service with the Issuer.
F5 The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of October 21, 2020, subject to the reporting person's continued service with the Issuer.
F6 The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 16, 2020, subject to the reporting person's continued service with the Issuer.
F7 The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 14, 2021, subject to the reporting person's continued service with the Issuer.
F8 The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 13, 2022, subject to the reporting person's continued service with the Issuer.
F9 The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 14, 2023, subject to the reporting person's continued service with the Issuer.