MICHAEL J. O. DONNELL - 07 Mar 2023 Form 4 Insider Report for CASSAVA SCIENCES INC (SAVA)

Role
Director
Signature
/s/ Eric J. Schoen by Power of Attorney
Issuer symbol
SAVA
Transactions as of
07 Mar 2023
Net transactions value
-$129,503
Form type
4
Filing time
08 Mar 2023, 15:12:39 UTC
Next filing
08 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAVA Common Stock Options Exercise $59,493 +3,571 +73% $16.66 8,441 07 Mar 2023 Direct
transaction SAVA Common Stock Options Exercise $69,992 +3,571 +42% $19.60 12,012 07 Mar 2023 Direct
transaction SAVA Common Stock Tax liability $59,497 -2,361 -20% $25.20 9,651 07 Mar 2023 Direct
transaction SAVA Common Stock Tax liability $70,006 -2,778 -29% $25.20 6,873 07 Mar 2023 Direct F1

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 SAVA Stock Option (Right to Buy) Options Exercise $69,992 -3,571 -100% $19.60 0 07 Mar 2023 Common Stock 3,571 $19.60 Direct
transaction SAVA Stock Option (Right to Buy) Options Exercise $59,493 -3,571 -100% $16.66 0 07 Mar 2023 Common Stock 3,571 $16.66 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Form 4 represents net exercise of stock options only. No shares of common stock were sold to third parties in this transaction.