SEC Form 4 · accession 0001209191-15-009610
Aravive, Inc. · ARAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Westberg
Officer — Sr. VP, Business Development
Period of report
Feb 3, 2015
Accepted (ET)
Feb 4, 2015 · 8:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001513818
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 3, 2015 | M | 5,000 | $1.265 | A | 27,487 | D | |
| Common StockF2 | Feb 3, 2015 | S | 4,629 | $17.3408 | D | 22,858 | D | |
| Common StockF3 | Feb 3, 2015 | S | 371 | $18.0984 | D | 22,487 | 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)F4 | $1.265 | Feb 3, 2015 | M | 1,499 | D | — | Mar 29, 2021 | Common Stock | 1,499 | 718 | D |
| Stock Option (Right to Buy)F4 | $1.265 | Feb 3, 2015 | M | 3,501 | D | — | Mar 29, 2021 | Common Stock | 3,501 | 20,994 | D |
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 trading plan.
- F2The shares were sold at prices ranging from $17.00 to $17.89. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3The shares were sold at prices ranging from $18.00 to $18.19. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4Twenty-five percent of the shares subject to the option vest on the first anniversary of the vesting commencement date and the remainder vest in equal monthly installments thereafter for 36 months.