Edward B. Berg - Mar 24, 2025 Form 4 Insider Report for Vaxart, Inc. (VXRT)

Role: SVP, General Counsel
Signature: /s/ Edward B. Berg
Stock symbol: VXRT
Transactions as of: Mar 24, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/26/2025, 09:51 PM
Previous filing: Mar 20, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VXRT	Common Stock	Award	$0	+406K	+140.91%	$0.00	694K	Mar 24, 2025	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	VXRT	Stock Option (right to buy)	Award	$0	+610K		$0.00	610K	Mar 24, 2025	Common Stock	610K	$0.51	Direct	F2
transaction	VXRT	Stock Option (right to buy)	Award	$0	+50K		$0.00	50K	Mar 24, 2025	Common Stock	50K	$0.51	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Grant of shares upon vesting of restricted stock units. 25% of the shares underlying the award shall vest on each anniversary of the vesting commencement date of March 24, 2025, so that the restricted stock units would be fully vested on the fourth anniversary of the vesting commencement date.
F2	The shares subject to this stock option shall vest as to 25% of the shares underlying the grant on March 24, 2026, the first anniversary of the date that vesting commenced, and thereafter in 36 equal monthly installments such that the stock option shall be fully vested on March 24, 2029.