Innoviva, Inc. 4
4 · Innoviva, Inc. · Filed Nov 22, 2016
Insider Transaction Report
Form 4
Innoviva, Inc.INVA
Aguiar Michael W
Sr VP, Chief Financial Officer
Transactions
- Award
Common Stock
2016-11-18+63,135→ 753,347 total - Tax Payment
Common Stock
2016-11-20$10.91/sh−8,417$91,829→ 745,215 total
Footnotes (3)
- [F1]These shares were granted to the reporting person on February 11, 2011 as part of a performance stock award that vests based on the achievement of certain performance conditions over a six-year timeframe from 2011 through December 31, 2016 and continued employment. On November 18, 2016, the performance conditions applicable to 63,135 shares were deemed achieved and such shares shall vest on November 20, 2017, subject to the reporting person's continued employment through such date.
- [F2]The shares were withheld by the Issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity awards.
- [F3]Includes 285 shares of common stock acquired under the Innoviva, Inc. Employee Stock Purchase Plan on November 15, 2016.