Anne Erickson - Dec 12, 2024 Form 4 Insider Report for Savara Inc (SVRA)

Signature
/s/ David Lowrance as attorney-in-fact for Anne Erickson
Stock symbol
SVRA
Transactions as of
Dec 12, 2024
Transactions value $
-$58,624
Form type
4
Date filed
12/16/2024, 06:10 PM
Previous filing
Oct 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVRA Common Stock Award $0 +100K +28.33% $0.00 453K Dec 12, 2024 Direct F1
transaction SVRA Common Stock Tax liability -$58.6K -18.3K -4.03% $3.21 435K Dec 13, 2024 Direct F2

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 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, 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 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.
F3 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.