Home/Filings/4/0001104659-24-031999
4//SEC Filing

Raifeld Pavel 4

Accession 0001104659-24-031999

CIK 0001080014other

Filed

Mar 6, 7:00 PM ET

Accepted

Mar 7, 6:57 PM ET

Size

11.5 KB

Accession

0001104659-24-031999

Insider Transaction Report

Form 4
Period: 2024-03-05
Raifeld Pavel
10% Owner
Transactions
  • Award

    Non-statutory Stock Option

    2024-03-05+100,000675,000 total
    Exercise: $18.00From: 2025-02-20Exp: 2034-03-05Common Stock (100,000 underlying)
  • Award

    Non-statutory Stock Option

    2024-03-05+75,000575,000 total
    Exercise: $14.88From: 2025-02-20Exp: 2034-03-05Common Stock (75,000 underlying)
  • Award

    Non-statutory Stock Option

    2024-03-05+150,000825,000 total
    Exercise: $20.00From: 2025-02-20Exp: 2034-03-05Common Stock (150,000 underlying)
Holdings
  • Common Stock

    11,666
Footnotes (2)
  • [F1]Includes 1,867 shares of common stock acquired under the Innoviva, Inc. Employee Stock Purchase Plan on May 15, 2023.
  • [F2]25% of the options will vest on February 20, 2025 and the balance will vest in twelve (12) substantially equal installments thereafter on each three (3) month anniversary of the initial vesting date, in each case, subject to Mr. Raifeld's continuous service through the applicable vesting date, with accelerated vesting (i) in the event of a "change in control" (as defined in the Issuer's 2012 Equity Incentive Plan) in which the options are not assumed or replaced, or (ii) in the event that Mr. Raifeld experiences a termination of employment by the Innoviva, Inc. without "cause" or by Mr. Raifeld for "good reason" (each as defined in Mr. Raifeld's employment agreement) within 24 months following a "change in control," subject to an effective release of claims.

Issuer

Innoviva, Inc.

CIK 0001080014

Entity typeother

Related Parties

1
  • filerCIK 0001813426

Filing Metadata

Form type
4
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 6:57 PM ET
Size
11.5 KB