Margaret Echerd - 19 Jul 2021 Form 4 Insider Report for Vaxart, Inc. (VXRT)

Role
SVP, Principal Accntng Officer
Signature
/s/ Margaret Echerd
Issuer symbol
VXRT
Transactions as of
19 Jul 2021
Net transactions value
-$11,549
Form type
4
Filing time
21 Jul 2021, 16:32:11 UTC
Previous filing
17 Jun 2021
Next filing
11 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VXRT Common Stock Options Exercise $1,722 +333 $5.17* 333 19 Jul 2021 Direct
transaction VXRT Common Stock Options Exercise $1,130 +1,467 +441% $0.7700 1,800 19 Jul 2021 Direct
transaction VXRT Common Stock Sale $14,400 -1,800 -100% $8.00* 0 19 Jul 2021 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 VXRT Stock Option (right to buy) Options Exercise $0 -333 -10% $0.000000 3,000 19 Jul 2021 Common stock 333 $5.17 Direct F2
transaction VXRT Stock Option (right to buy) Options Exercise $0 -1,467 -4.3% $0.000000 32,287 19 Jul 2021 Common stock 1,467 $0.7700 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2021.
F2 The stock option vests over a four-year period, with 25% of the shares subject to the stock option vesting on the first anniversary of the vesting commencement date of April 9, 2018, and the remaining shares in 36 equal monthly installments thereafter.
F3 The stock option vests over a four-year period, with 25% of the shares subject to the stock option vesting on the first anniversary of the vesting commencement date of May 10, 2019, and the remaining shares in 36 equal monthly installments thereafter.