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Savara Inc — Director's Dealing 2024
Dec 16, 2024
32709_dirs_2024-12-16_c8801ba4-367d-4c36-bbc1-ca317170a762.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Savara Inc (SVRA)
CIK: 0001160308
Period of Report: 2024-12-12
Reporting Person: Lowrance David L (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-12 | Common Stock | A | 100000 | — | Acquired | 442355 | Direct |
| 2024-12-13 | Common Stock | G | 12000 | — | Disposed | 430355 | Direct |
| 2024-12-13 | Common Stock | F | 24350 | $3.21 | Disposed | 406005 | Direct |
| 2024-12-16 | Common Stock | S | 25000 | $3.3311 | Disposed | 381005 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-12 | Stock Option (Right to Buy) | $3.35 | A | 300000 | Acquired | 2034-12-12 | Common Stock (300000) | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs") that vest in full on December 12, 2026, subject to the reporting person's continued service with the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2: The reporting person made a bona fide gift to The McCallie School. The reporting person does not have voting or investment power with respect to the shares held by The McCallie School.
F3: Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of previously awarded restricted stock units.
F4: Represents shares sold to satisfy tax liability upon the vesting of restricted stock units.
F5: The price is a weighted average sales price. The sale prices ranged from $3.29 to $3.36. 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.
F6: The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 12, 2024, subject to the reporting person's continued service with the Issuer.