Matthew Pauls - 12 Dec 2024 Form 4 Insider Report for Savara Inc (SVRA)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ David Lowrance as attorney-in-fact for Matthew Pauls
Issuer symbol
SVRA
Transactions as of
12 Dec 2024
Net transactions value
-$478,052
Form type
4
Filing time
16 Dec 2024, 17:56:45 UTC
Previous filing
10 Jun 2024
Next filing
31 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVRA Common Stock Award $0 +400,000 +31% $0.000000 1,683,674 12 Dec 2024 Direct F1
transaction SVRA Common Stock Tax liability $297,224 -92,593 -5.5% $3.21 1,591,081 13 Dec 2024 Direct
transaction SVRA Common Stock Sale $180,828 -54,702 -3.4% $3.31 1,536,379 16 Dec 2024 Direct F2, F3

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 SVRA Stock Option (Right to Buy) Award $0 +900,000 $0.000000 900,000 12 Dec 2024 Common Stock 900,000 $3.35 Direct F4
* 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, 2026, 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 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 $3.28 to $3.34. 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.
F4 The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 12, 2024, subject to the reporting person's continued service with the Issuer.