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

Role
Director
Signature
/s/ David Lowrance as attorney-in-fact for Richard Hawkins
Issuer symbol
SVRA
Transactions as of
12 Dec 2024
Net transactions value
-$26,569
Form type
4
Filing time
16 Dec 2024, 17:53:56 UTC
Previous filing
17 Sep 2024
Next filing
20 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVRA Common Stock Award $0 +40,000 +114% $0.000000 75,241 12 Dec 2024 Direct F1
transaction SVRA Common Stock Sale $26,569 -8,000 -11% $3.32 67,241 16 Dec 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.