Home/Filings/4/0001415889-24-022983
4//SEC Filing

Litton Mark James 4

Accession 0001415889-24-022983

CIK 0001620463other

Filed

Sep 4, 8:00 PM ET

Accepted

Sep 5, 7:47 PM ET

Size

11.1 KB

Accession

0001415889-24-022983

Insider Transaction Report

Form 4
Period: 2024-09-03
Litton Mark James
DirectorPresident and CEO
Transactions
  • Award

    Common Stock

    2024-09-03+20,000164,397 total
  • Sale

    Common Stock

    2024-09-05$0.57/sh5,032$2,848159,365 total
Holdings
  • Common Stock

    (indirect: By Trust)
    6,563
  • Common Stock

    (indirect: By Trust)
    6,563
  • Common Stock

    (indirect: By Trust)
    6,563
Footnotes (7)
  • [F1]On November 3, 2021, the reporting person was granted restricted stock units ("RSUs") representing 60,000 shares of Common Stock of the Issuer. The RSUs are scheduled to vest according to the following amended vesting schedule: (1) one third (1/3rd) of the number of shares subject to the RSU award vest at the completion of the public readout of topline results of the Issuer's ACT-AD Phase 2 clinical trial; (2) one third (1/3rd) of the number of shares subject to the RSU award vest as of the date the Compensation Committee (the "Committee") determines that enrollment of the Company's LIFT-AD Phase 2/3 clinical trial has been completed, and (3) one third (1/3rd) of the number of shares subject to the RSU award vest as of the completion of the public readout of topline results of the Issuer's LIFT-AD Phase 2/3 clinical trial (the "LIFT-AD Readout"), in each case subject to continued service with the Issuer through the applicable vesting date.
  • [F2]On September 3, 2024, the Company completed the public readout of the topline results of its LIFT-AD Phase 2/3 clinical trial and 20,000 RSUs vested on such date.
  • [F3]Represents shares of common stock sold to cover tax withholding and remittance obligations in connection with the vesting of RSUs pursuant to mandatory "sell to cover" policies maintained by the issuer and provisions contained in the reporting person's applicable RSU agreement, and does not represent a discretionary sale by the reporting person.
  • [F4]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $0.5505 to $0.5751, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  • [F5]Reflects Common Stock held by Irrevocable Trust of OSL held for the benefit of Dr. Litton's children.
  • [F6]Reflects Common Stock held by Irrevocable Trust of SWL held for the benefit of Dr. Litton's children.
  • [F7]Reflects Common Stock held by Irrevocable Trust of WGL held for the benefit of Dr. Litton's children.

Issuer

Athira Pharma, Inc.

CIK 0001620463

Entity typeother

Related Parties

1
  • filerCIK 0001604834

Filing Metadata

Form type
4
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 7:47 PM ET
Size
11.1 KB