ARS Pharmaceuticals, Inc. — Director's Dealing 2022

Feb 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Silverback Therapeutics, Inc. (SBTX)
CIK: 0001671858
Period of Report: 2022-02-01

Reporting Person: Odegard Valerie (President and CSO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-01	Common Stock	A	16406	$0.00	Acquired	16406	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-01	Stock Option (right to buy)	$4.85	A	98438	Acquired	2032-01-31	Common Stock (98438)	Direct
2022-02-01	Stock Option (right to buy)	$4.85	A	49875	Acquired	2032-01-31	Common Stock (49875)	Direct

Footnotes

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 vest in equal monthly installments over the 48 months following February 1, 2022.

F3: 25% of the shares subject to the option vest on February 1, 2023, and the remaining shares will vest monthly thereafter over three years.