SEC Form 4 · accession 0001209191-17-015523
Aravive, Inc. · ARAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Westberg
Officer — SVP and Chief Business Officer
Period of report
Feb 27, 2017
Accepted (ET)
Feb 28, 2017 · 7:36 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 27, 2017 | M | 7,509 | $1.61 | A | 77,053 | D | |
| Common Stock | Feb 27, 2017 | M | 4,991 | $2.53 | A | 82,044 | D | |
| Common Stock | Feb 27, 2017 | S | 12,500 | $22.50 | D | 69,544 | 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)F2 | $1.61 | Feb 27, 2017 | M | 7,509 | D | — | Jul 14, 2023 | Common Stock | 7,509 | 2,975 | D |
| Stock Option (Right to Buy)F3 | $2.53 | Feb 27, 2017 | M | 4,991 | D | — | Dec 4, 2023 | Common Stock | 4,991 | 7,491 | D |
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 trading plan.
- F2Twenty-Five percent of the shares subject to the option become exercisable one year from 7/15/2013; the remainder become exercisable in equal monthly installments over the following three years.
- F3Twenty-Five percent of the shares subject to the option become exercisable one year from 12/5/2013; the remainder become exercisable in equal monthly installments over the following three years.