SEC Form 4 · accession 0000899243-18-016286
Savara Inc · SVRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert N Neville
Officer — Chief Executive Officer · Director
Period of report
Jun 8, 2018
Accepted (ET)
Jun 12, 2018 · 8:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001160308
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 8, 2018 | S | 2,737 | $12.1345 | D | 402,648 | D | |
| Common Stock | Jun 11, 2018 | M | 92,351 | $0.65 | A | 494,999 | D | |
| Common Stock | Jun 11, 2018 | F | 5,252 | $11.43 | D | 489,747 | D | |
| Common StockF1,F3 | Jun 11, 2018 | S | 1,791 | $12.0118 | D | 487,956 | D | |
| Common StockF1,F4 | Jun 12, 2018 | S | 13,445 | $12.0927 | D | 474,511 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F6,F5 | $0.65 | Jun 11, 2018 | M | 92,351 | D | — | Sep 14, 2022 | Common Stock | 92,351 | 0 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 29, 2017.
- F2The price is a weighted average sale price. The sale prices ranged from $12.00 to $12.57. The reporting person undertakes to provide Savara Inc., any security holder of Savara Inc., or the staff of the Securities and Exchange Commission, upon receipt of a request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F3The price is a weighted average sale price. The sale prices ranged from $12.00 to $12.10. The reporting person undertakes to provide Savara Inc., any security holder of Savara Inc., or the staff of the Securities and Exchange Commission, upon receipt of a request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F4The price is a weighted average sale price. The sale prices ranged from $12.00 to $12.225. The reporting person undertakes to provide Savara Inc., any security holder of Savara Inc., or the staff of the Securities and Exchange Commission, upon receipt of a request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F5The shares subject to the option vested and became exercisable in sixteen equal quarterly installments beginning on December 14, 2012.
- F67,269 shares subject to the option were previously exercised and transferred subject to a domestic relations order.