Richard Hawkins - Dec 12, 2024 Form 4 Insider Report for Savara Inc (SVRA)

Role
Director
Signature
/s/ David Lowrance as attorney-in-fact for Richard Hawkins
Stock symbol
SVRA
Transactions as of
Dec 12, 2024
Transactions value $
-$26,569
Form type
4
Date filed
12/16/2024, 05:53 PM
Previous filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVRA Common Stock Award $0 +40K +113.5% $0.00 75.2K Dec 12, 2024 Direct F1
transaction SVRA Common Stock Sale -$26.6K -8K -10.63% $3.32 67.2K Dec 16, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") that vest in full on December 12, 2025, 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. The reporting person has elected to defer receipt of the shares of common stock underlying the RSUs upon vesting. In accordance with the reporting person's deferral election, the vested shares will be delivered to the reporting person following the reporting person's termination of service with the Issuer.
F2 Represents shares sold to satisfy tax liability upon the vesting of restricted stock units.
F3 The price is a weighted average sales price. The sale prices ranged from $3.29 to $3.36. The reporting person undertakes to provide Savara Inc., any security holder of Savara Inc., or the staff of the Securities and Exchange Commission, upon receipt of a request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.