REMI BARBIER - 24 May 2023 Form 4 Insider Report for CASSAVA SCIENCES INC (SAVA)

Role
President and CEO, Director
Signature
/s/ Remi Barbier
Issuer symbol
SAVA
Transactions as of
24 May 2023
Transactions value $
-$1,446,017
Form type
4
Filing time
25 May 2023, 17:11:10 UTC
Previous filing
07 Feb 2023
Next filing
04 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAVA Common Stock Options Exercise $240,987 +14,285 +3.8% $16.87 390,397 24 May 2023 By Family
transaction SAVA Common Stock Tax liability -$241,011 -9,545 -2.44% $25.25 380,852 24 May 2023 By Family F1
transaction SAVA Common Stock Options Exercise $1,204,990 +71,428 +10.05% $16.87 782,002 24 May 2023 Direct
transaction SAVA Common Stock Tax liability -$1,205,005 -47,723 -6.1% $25.25 734,279 24 May 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 -$240,987 -14,285 -100% $16.87 0 24 May 2023 Common Stock 14,285 $16.87 By Family
transaction SAVA Stock Option (Right to Buy) Options Exercise -$1,204,990 -71,428 -100% $16.87 0 24 May 2023 Common Stock 71,428 $16.87 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.