SEC Form 4 · accession 0001179110-17-007836
Innoviva, Inc. · INVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Theodore J. Witek Jr.
Officer — Sr. VP & Chief Scientific Off.
Period of report
May 20, 2017
Accepted (ET)
May 23, 2017 · 4:16 pm EDT
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 | May 20, 2017 | F | 2,590 | $11.86 | D | 251,968 | D | |
| Common StockF2,F3,F4 | May 22, 2017 | S | 7,815 | $12.01 | D | 244,153 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were withheld by the Issuer to satisfy income tax withholding obligations associated with the quarterly vesting of previously granted employee equity awards.
- F2This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.03, 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 range set forth in this footnote (2) to this Form 4.
- F3This sale was effected for tax planning purposes.
- F4Includes 776 shares of common stock acquired under the Innoviva, Inc. Employee Stock Purchase Plan on May 15, 2017.