Matthew Pauls - 14 Dec 2023 Form 4 Insider Report for Savara Inc (SVRA)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ David Lowrance as attorney-in-fact for Matthew Pauls
Issuer symbol: SVRA
Transactions as of: 14 Dec 2023
Transactions value $: -$488,076
Form type: 4
Filing time: 15 Dec 2023, 17:46:21 UTC
Previous filing: 16 Aug 2023
Next filing: 29 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SVRA	Common Stock	Tax liability	-$488K	-110K	-10.48%	$4.45	937K	14 Dec 2023	Direct	F1
transaction	SVRA	Common Stock	Award	$0	+450K	+48.04%	$0.00	1.39M	14 Dec 2023	Direct	F2

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	SVRA	Stock Option (Right to Buy)	Award	$0	+225K		$0.00	225K	14 Dec 2023	Common Stock	225K	$4.45	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of previously awarded restricted stock units.
F2	Represents restricted stock units ("RSUs") that vest in full on December 14, 2025, subject to the reporting person's continued service with the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3	The option vests and becomes exercisable in sixteen equal installments on each quarterly anniversary of December 14, 2023, subject to the reporting person's continued service with the Issuer.