Savara Inc — Director's Dealing 2019

May 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Savara Inc (SVRA)
CIK: 0001160308
Period of Report: 2019-05-14

Reporting Person: Hawkins Richard J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-14	Common Stock	M	21682	$0.52	Acquired	21682	Direct
2019-05-14	Common Stock	M	586	$0.52	Acquired	22268	Direct
2019-05-14	Common Stock	M	2288	$0.52	Acquired	24556	Direct
2019-05-14	Common Stock	M	444	$0.55	Acquired	25000	Direct
2019-05-14	Common Stock	S	14591	$11.0654	Disposed	10409	Direct
2019-05-15	Common Stock	S	10409	$11.1602	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-14	Stock Option (Right to Buy)	$0.52	M	21682	Disposed	2020-10-22	Common Stock (21682)	Direct
2019-05-14	Stock Option (Right to Buy)	$0.52	M	586	Disposed	2020-12-17	Common Stock (586)	Direct
2019-05-14	Stock Option (Right to Buy)	$0.52	M	2288	Disposed	2021-08-30	Common Stock (2288)	Direct
2019-05-14	Stock Option (Right to Buy)	$0.55	M	444	Disposed	2021-12-16	Common Stock (444)	Direct

Footnotes

F1: The price is a weighted average sale price. The sale prices ranged from $10.97 to $11.16. The reporting person undertakes to provide Savara Inc., any security holder of Savara Inc., or the staff of the Securities and Exchange Commission, upon receipt of a request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F2: The price is a weighted average sale price. The sale prices ranged from $10.99 to $11.31. The reporting person undertakes to provide Savara Inc., any security holder of Savara Inc., or the staff of the Securities and Exchange Commission, upon receipt of a request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F3: 5,420 of the shares subject to the option vested and became exercisable on October 22, 2010, and the remaining shares subject to the option vested and became exercisable in twelve equal quarterly installments beginning on January 22, 2011.

F4: The shares subject to the option vested and became exercisable in twelve equal quarterly installments beginning on March 17, 2011.

F5: The shares subject to the option vested and became exercisable in twelve equal quarterly installments beginning on November 18, 2011.

F6: The shares subject to the option vested and became exercisable in twelve equal quarterly installments beginning on March 16, 2012.