William E. Duke - 15 Feb 2025 Form 4 Insider Report for Invivyd, Inc. (IVVD)

Signature
/s/ Jill Andersen attorney-in-fact for William E. Duke
Issuer symbol
IVVD
Transactions as of
15 Feb 2025
Net transactions value
$0
Form type
4
Filing time
19 Feb 2025, 16:30:22 UTC
Previous filing
20 Dec 2023
Next filing
19 Aug 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IVVD Stock Option (Right to Buy) Award $0 +950,000 $0.000000 950,000 15 Feb 2025 Common Stock 950,000 $1.61 Direct F1
transaction IVVD Restricted Stock Units Award $0 +300,000 $0.000000 300,000 15 Feb 2025 Common Stock 300,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option vests over a three-year period, with 1/36th of the shares subject to the option vesting in substantially equal monthly installments measured from one month following the grant date of February 15, 2025, subject to the Reporting Person's continuous service as of each vesting date.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F3 This RSU award vests over an eighteen-month period, with one-third of the RSUs vesting every six months following the grant date of February 15, 2025, subject to the Reporting Person's continuous service as of each vesting date. Unless otherwise provided, in connection with each vesting event, shares of common stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.