ROBERT Z. GUSSIN - 04 May 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
04 May 2023
Transactions value $
$558,500
Form type
4
Filing time
08 May 2023, 16:08:37 UTC
Previous filing
02 May 2023
Next filing
13 May 2024
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 SAVA Stock Option (Right to Buy) Award $447K +20K +400% $22.34 25K 04 May 2023 Common Stock 20K $22.34 Direct F1
transaction SAVA Stock Option (Right to Buy) Award $112K +5K $22.34 5K 04 May 2023 Common Stock 5K $22.34 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options vest over a three (3) year period at a rate of 1/36th per month.
F2 Stock options vest over a one (1) year period at a rate of 1/12th per month.