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

Role
Chief Financial Officer
Signature
/s/ David Lowrance
Issuer symbol
SVRA
Transactions as of
12 Dec 2024
Net transactions value
-$161,441
Form type
4
Filing time
16 Dec 2024, 17:59:32 UTC
Previous filing
29 Dec 2023
Next filing
16 Dec 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 +100,000 +29% $0.000000 442,355 12 Dec 2024 Direct F1
transaction SVRA Common Stock Gift $0 -12,000 -2.7% $0.000000 430,355 13 Dec 2024 Direct F2
transaction SVRA Common Stock Tax liability $78,164 -24,350 -5.7% $3.21 406,005 13 Dec 2024 Direct F3
transaction SVRA Common Stock Sale $83,278 -25,000 -6.2% $3.33 381,005 16 Dec 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 +300,000 $0.000000 300,000 12 Dec 2024 Common Stock 300,000 $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.