SEC Form 4 · accession 0001209191-15-052866
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
Jun 11, 2015
Accepted (ET)
Jun 12, 2015 · 5:13 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $0.50 | Jun 11, 2015 | A | 555,850 | A | — | Jun 11, 2025 | Common Stock | 555,850 | 555,850 | D |
Explanation of responses
- F1This option will vest and become exercisable as to 34,740 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 with the issuer.