SEC Form 4 · accession 0001209191-15-000362
Savara Inc · SVRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edwin L. Parsley
Officer — Chief Medical Officer & SVP
Period of report
Jan 2, 2015
Accepted (ET)
Jan 2, 2015 · 6:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001160308
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $0.58 | Jan 2, 2015 | A | 938,300 | A | — | Jan 2, 2025 | Common Stock | 938,300 | 938,300 | D |
Explanation of responses
- F1This option will vest and become exercisable as to 156,383 shares on October 1, 2015, which is the first anniversary of the reporting person's employment with the issuer, and the remaining shares will vest and become exercisable in 48 substantially equal monthly installments on each monthly anniversary of October 1, 2015 such that all of the shares subject to this option will have fully vested and become exercisable as of October 1, 2019, subject to the reporting person's continued service.