Sapna Srivastava - 01 Jan 2023 Form 3 Insider Report for Innoviva, Inc. (INVA)

Role
Director
Signature
/s/ Sapna Srivastava
Issuer symbol
INVA
Transactions as of
01 Jan 2023
Net transactions value
$0
Form type
3
Filing time
06 Jan 2023, 16:05:06 UTC
Previous filing
17 Jun 2022
Next filing
24 May 2023
SEC
View on sec.gov

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 01 Jan 2023 Common Stock 9,433 Direct F1, F2
holding INVA Restricted Stock Units 01 Jan 2023 Common Stock 4,245 Direct F2, F3
holding INVA Stock Options 01 Jan 2023 Common Stock 2,500 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.