Derek A. Small - 29 Apr 2024 Form 3 Insider Report for Innoviva, Inc. (INVA)

Role
Director
Signature
/s/ Derek Small
Issuer symbol
INVA
Transactions as of
29 Apr 2024
Net transactions value
$0
Form type
3
Filing time
01 May 2024, 18:07:55 UTC
Next filing
20 Jun 2024
SEC
View on sec.gov

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 INVA Restricted Stock Units 29 Apr 2024 Common Stock 8,043 Direct F1, F2
holding INVA Restricted Stock Units 29 Apr 2024 Common Stock 1,206 Direct F2, F3
holding INVA Stock Options 29 Apr 2024 Common Stock 833 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-half of the restricted stock units will vest on April 29, 2025, and the remainder will vest on April 29, 2026.
F2 Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
F3 The restricted stock units will vest on the sooner of the next annual stockholder meeting or June 17, 2025.
F4 The stock options will vest on the sooner of the next annual stockholder meeting or June 17, 2025.