Witek Theodore J. Jr. 4
4 · Innoviva, Inc. · Filed Nov 22, 2017
Insider Transaction Report
Form 4
Innoviva, Inc.INVA
WITEK THEODORE L JR
Sr. VP, Corp Partnerships
Transactions
- Tax Payment
Common Stock
2017-11-20$13.17/sh−14,757$194,350→ 226,800 total - Sale
Common Stock
2017-11-21$13.29/sh−13,000$172,795→ 213,800 total
Footnotes (3)
- [F1]The shares were withheld by the Issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity grants.
- [F2]This sale was effected for tax planning purposes pursuant to the Reporting Person's Rule 10b5-1 Trading Plan dated September 20, 2017.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.12 to $13.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.