Robert Z. Gussin - May 1, 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
May 1, 2023
Transactions value $
$165,177
Form type
4
Date filed
5/2/2023, 04:04 PM
Previous filing
Mar 29, 2022
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 $35.7K +2.14K +25.47% $16.66 10.6K May 1, 2023 Direct
transaction SAVA Common Stock Options Exercise $59.5K +3.57K +33.84% $16.66 14.1K May 1, 2023 Direct
transaction SAVA Common Stock Options Exercise $70K +3.57K +25.28% $19.60 17.7K May 1, 2023 Direct
transaction SAVA Common Stock Tax liability $165K +7.08K +199.92% $23.34 10.6K May 1, 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 -$35.7K -2.14K -100% $16.66 0 May 1, 2023 Common Stock 2.14K $16.66 Direct
transaction SAVA Stock Option (Right to Buy) Options Exercise -$59.5K -3.57K -100% $16.66 0 May 1, 2023 Common Stock 3.57K $16.66 Direct
transaction SAVA Stock Option (Right to Buy) Options Exercise -$70K -3.57K -100% $19.60 0 May 1, 2023 Common Stock 3.57K $19.60 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.