Savara Inc|4Dec 16, 5:59 PM ET

Lowrance David L 4

4 · Savara Inc · Filed Dec 16, 2024

Form 4

Period: 2024-12-12

Chief Financial Officer

Transactions

Gift
Common Stock
2024-12-13−12,000→ 430,355 total
Tax Payment
Common Stock
2024-12-13$3.21/sh−24,350$78,164→ 406,005 total
Award
Common Stock
2024-12-12+100,000→ 442,355 total
Sale
Common Stock
2024-12-16$3.33/sh−25,000$83,278→ 381,005 total
Award
Stock Option (Right to Buy)
2024-12-12+300,000→ 300,000 total
Exercise: $3.35Exp: 2034-12-12→ Common Stock (300,000 underlying)

Footnotes (6)

[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.

Documents

1 file