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Invivyd, Inc. — Director's Dealing 2022
Dec 16, 2022
33564_dirs_2022-12-16_bf9a62ed-a60d-4e5b-bbc6-cdfc6a6e67be.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Invivyd, Inc. (IVVD)
CIK: 0001832038
Period of Report: 2022-12-14
Reporting Person: Hering David (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-12-14 | Stock Option (Right to Buy) | $1.73 | A | 700000 | Acquired | 2032-12-13 | Common Stock (700000) | Direct |
| 2022-12-14 | Stock Option (Right to Buy) | $1.73 | A | 900000 | Acquired | 2032-12-13 | Common Stock (900000) | Direct |
Footnotes
F1: This option grant is made pursuant to the Reporting Person's achievement of certain performance goals as contemplated by Section 2(g) of that certain Employment Agreement, dated July 5, 2022, between the Reporting Person and the Issuer, as previously disclosed in a Current Report on Form 8-K filed by the Issuer on July 5, 2022.
F2: This option vests over a four-year period, with 1/48th of the shares subject to the option vesting in substantially equal monthly installments measured from one month following the grant date of December 14, 2022, subject to the Reporting Person's continuous service as of each vesting date.
F3: This option vests over a three-year period, with 1/36th of the shares subject to the option vesting in substantially equal monthly installments measured from one month following the grant date of December 14, 2022, subject to the Reporting Person's continuous service as of each vesting date.