Adam K. Simpson - Feb 10, 2022 Form 4 Insider Report for Icosavax, Inc. (ICVX)

Signature
/s/ Elizabeth Bekiroglu, Attorney-in-Fact for Adam K. Simpson
Stock symbol
ICVX
Transactions as of
Feb 10, 2022
Transactions value $
$0
Form type
4
Date filed
2/14/2022, 06:09 PM
Previous filing
Jan 28, 2022
Next filing
Mar 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICVX Common Stock Award $0 +75.6K +35.04% $0.00 291K Feb 10, 2022 Direct F1
holding ICVX Common Stock 532K Feb 10, 2022 By family Trust
holding ICVX Common Stock 129K Feb 10, 2022 By family Trust
holding ICVX Common Stock 129K Feb 10, 2022 By family Trust

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 ICVX Stock Option (Right to Buy) Award $0 +318K $0.00 318K Feb 10, 2022 Common Stock 318K $17.55 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") which will vest as to 25% of the total number of RSUs granted on each of the first four anniversaries of February 10, 2022, subject to the reporting persons continued service through the applicable vesting date. Each RSU represents a contingent right to receive one share of common stock of the Issuer and the RSUs have no expiration date.
F2 25% of the shares subject to the option will vest on February 10, 2023, and 1/48th of the shares subject to the option vest monthly thereafter, subject to the reporting person's continued service through the applicable vesting date.