Remi Barbier - May 24, 2023 Form 4 Insider Report for CASSAVA SCIENCES INC (SAVA)

Role
President and CEO, Director
Signature
/s/ Remi Barbier
Stock symbol
SAVA
Transactions as of
May 24, 2023
Transactions value $
-$1,446,017
Form type
4
Date filed
5/25/2023, 05:11 PM
Previous filing
Feb 7, 2023
Next filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAVA Common Stock Options Exercise $241K +14.3K +3.8% $16.87 390K May 24, 2023 By Family
transaction SAVA Common Stock Tax liability -$241K -9.55K -2.44% $25.25 381K May 24, 2023 By Family F1
transaction SAVA Common Stock Options Exercise $1.2M +71.4K +10.05% $16.87 782K May 24, 2023 Direct
transaction SAVA Common Stock Tax liability -$1.21M -47.7K -6.1% $25.25 734K May 24, 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 -$241K -14.3K -100% $16.87 0 May 24, 2023 Common Stock 14.3K $16.87 By Family
transaction SAVA Stock Option (Right to Buy) Options Exercise -$1.2M -71.4K -100% $16.87 0 May 24, 2023 Common Stock 71.4K $16.87 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.