SEC Form 4 · accession 0001179110-16-031969
Innoviva, Inc. · INVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Aguiar
Officer — President & Chief Exec Officer · Director
Period of report
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 5:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001080014
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 18, 2016 | A | 63,135 | $0.00 | A | 753,347 | D | |
| Common StockF2,F3 | Nov 20, 2016 | F | 8,417 | $10.91 | D | 745,215 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These 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.
- F2The shares were withheld by the Issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity awards.
- F3Includes 285 shares of common stock acquired under the Innoviva, Inc. Employee Stock Purchase Plan on November 15, 2016.