David Lowrance - Dec 12, 2024 Form 4 Insider Report for Savara Inc (SVRA)

Role
Chief Financial Officer
Signature
/s/ David Lowrance
Stock symbol
SVRA
Transactions as of
Dec 12, 2024
Transactions value $
-$161,441
Form type
4
Date filed
12/16/2024, 05:59 PM
Previous filing
Dec 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVRA Common Stock Award $0 +100K +29.21% $0.00 442K Dec 12, 2024 Direct F1
transaction SVRA Common Stock Gift $0 -12K -2.71% $0.00 430K Dec 13, 2024 Direct F2
transaction SVRA Common Stock Tax liability -$78.2K -24.4K -5.66% $3.21 406K Dec 13, 2024 Direct F3
transaction SVRA Common Stock Sale -$83.3K -25K -6.16% $3.33 381K Dec 16, 2024 Direct F4, F5

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 +300K $0.00 300K Dec 12, 2024 Common Stock 300K $3.35 Direct F6
* 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 The reporting person made a bona fide gift to The McCallie School. The reporting person does not have voting or investment power with respect to the shares held by The McCallie School.
F3 Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of previously awarded restricted stock units.
F4 Represents shares sold to satisfy tax liability upon the vesting of restricted stock units.
F5 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.
F6 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.