Michael J. O. Donnell - Mar 7, 2023 Form 4 Insider Report for CASSAVA SCIENCES INC (SAVA)

Role
Director
Signature
/s/ Eric J. Schoen by Power of Attorney
Stock symbol
SAVA
Transactions as of
Mar 7, 2023
Transactions value $
-$129,503
Form type
4
Date filed
3/8/2023, 03:12 PM
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAVA Common Stock Options Exercise $59.5K +3.57K +73.33% $16.66 8.44K Mar 7, 2023 Direct
transaction SAVA Common Stock Options Exercise $70K +3.57K +42.31% $19.60 12K Mar 7, 2023 Direct
transaction SAVA Common Stock Tax liability -$59.5K -2.36K -19.66% $25.20 9.65K Mar 7, 2023 Direct
transaction SAVA Common Stock Tax liability -$70K -2.78K -28.78% $25.20 6.87K Mar 7, 2023 Direct F1

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 SAVA Stock Option (Right to Buy) Options Exercise -$70K -3.57K -100% $19.60 0 Mar 7, 2023 Common Stock 3.57K $19.60 Direct
transaction SAVA Stock Option (Right to Buy) Options Exercise -$59.5K -3.57K -100% $16.66 0 Mar 7, 2023 Common Stock 3.57K $16.66 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Form 4 represents net exercise of stock options only. No shares of common stock were sold to third parties in this transaction.