Bruce Polsky - Jun 20, 2024 Form 4 Insider Report for Atea Pharmaceuticals, Inc. (AVIR)

Role: Director
Signature: /s/ Andrea Corcoran, as Attorney-in-Fact for Bruce Polsky
Stock symbol: AVIR
Transactions as of: Jun 20, 2024
Transactions value $: -$61,144
Form type: 4
Date filed: 6/21/2024, 05:59 PM
Previous filing: Jun 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVIR	Common Stock	Sale	-$61.1K	-17.5K	-21.1%	$3.49	65.6K	Jun 20, 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
transaction	AVIR	Restricted Stock Units	Award	$0	+29.6K		$0.00	29.6K	Jun 21, 2024	Common Stock	29.6K		Direct	F2, F3
transaction	AVIR	Stock Option (Right to Buy)	Award	$0	+41.2K		$0.00	41.2K	Jun 21, 2024	Common Stock	41.2K	$3.44	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares were sold solely to cover taxes upon the vesting of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.43 to $3.53, inclusive.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	The restricted stock units vest in a single installment on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders occurring after the date of grant or (ii) the first anniversary of the date of grant, in each case, subject to the Reporting Person's continued service through the applicable vesting date.
F4	The option vests and becomes exercisable in twelve (12) substantially equal monthly installments following June 21, 2024, such that the option shall be fully vested on the first anniversary of the date of grant, subject to the Reporting Person's continued service through each such vesting date.