Sapna Srivastava - Jan 1, 2023 Form 3 Insider Report for Innoviva, Inc. (INVA)

Role
Director
Signature
/s/ Sapna Srivastava
Stock symbol
INVA
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
3
Date filed
1/6/2023, 04:05 PM
Previous filing
Jun 17, 2022
Next filing
May 24, 2023

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
holding INVA Restricted Stock Units Jan 1, 2023 Common Stock 9.43K Direct F1, F2
holding INVA Restricted Stock Units Jan 1, 2023 Common Stock 4.25K Direct F2, F3
holding INVA Stock Options Jan 1, 2023 Common Stock 2.5K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-half of the restricted stock units will vest on January 1, 2024, and the remainder will vest on January 1, 2025.
F2 Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
F3 The restricted stock units will vest on the sooner of the next annual stockholder meeting or January 1, 2024.
F4 The stock options will vest on the sooner of the next annual stockholder meeting or January 1, 2024.