Jill Andersen - Feb 15, 2025 Form 4 Insider Report for Invivyd, Inc. (IVVD)

Role
Chief Legal Officer, Secretary
Signature
/s/ Jill Andersen
Stock symbol
IVVD
Transactions as of
Feb 15, 2025
Transactions value $
$0
Form type
4
Date filed
2/19/2025, 04:32 PM
Previous filing
Dec 20, 2023
SEC
View on sec.gov

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 +950K $0.00 950K Feb 15, 2025 Common Stock 950K $1.61 Direct F1
transaction IVVD Restricted Stock Units Award $0 +500K $0.00 500K Feb 15, 2025 Common Stock 500K 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.