Jonathan Piazza - 02 May 2022 Form 4 Insider Report for Silverback Therapeutics, Inc. (SPRY)

Signature
/s/ Jeffrey C. Pepe, Attorney-in-Fact
Issuer symbol
SPRY
Transactions as of
02 May 2022
Net transactions value
$0
Form type
4
Filing time
04 May 2022, 17:16:04 UTC
Previous filing
02 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRY Common Stock Award $0 +43,691 +171% $0.000000 69,225 02 May 2022 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 SPRY Stock Option (right to buy) Award $0 +87,383 $0.000000 87,383 02 May 2022 Common Stock 87,383 $3.15 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares being reported are being issued pursuant to restricted stock units, each one of which represents a contingent right to receive one share of the Issuer's common stock.
F2 The shares subject to the option will vest on May 2, 2023.