ROBERTSON SANFORD 4
4 · CASSAVA SCIENCES INC · Filed Apr 30, 2024
Insider Transaction Report
Form 4
ROBERTSON SANFORD
Director
Transactions
- Award
Common Stock Warrant
2024-01-03+72,000→ 72,000 total(indirect: By family)Exercise: $33.00From: 2024-01-03Exp: 2024-05-07→ Common Stock (108,000 underlying) - Award
Common Stock Warrant
2024-01-03+354,740→ 354,740 totalExercise: $33.00From: 2024-01-03Exp: 2024-05-07→ Common Stock (532,110 underlying) - Exercise/Conversion
Common Stock
2024-04-26$22.00/sh+69,000$1,518,000→ 955,851 total - Exercise/Conversion
Common Stock Warrant
2024-04-26−46,000→ 308,740 totalExercise: $33.00From: 2024-01-03Exp: 2024-05-07→ Common Stock (69,000 underlying)
Holdings
- 180,000(indirect: By family)
Common Stock
Footnotes (2)
- [F1]Represents warrants that were originally issued on January 3, 2024 as a pro-rata distribution to all holders of common shares. Each warrant entitles the holder to purchase one and one-half common shares at an exercise price of $33.00 per warrant. This distribution was exempt from immediate reporting under Section 16.
- [F2]Form 4 represents exercise of common stock warrants received on January 3, 2024 for cash. Holder received one and one-half shares of common stock for each common stock warrant exercised.