Jeroen Grasman - May 19, 2025 Form 4 Insider Report for Vaxart, Inc. (VXRT)

Role: Chief Financial Officer
Signature: /s/ Edward Berg, Attorney-in-Fact for Jeroen Grasman
Stock symbol: VXRT
Transactions as of: May 19, 2025
Transactions value $: $0
Form type: 4
Date filed: 5/20/2025, 10:45 AM
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Grasman Jeroen Nicolaas	Chief Financial Officer	C/O VAXART, INC., 170 HARBOR WAY, SUITE 300, SOUTH SAN FRANCISCO	/s/ Edward Berg, Attorney-in-Fact for Jeroen Grasman	2025-05-20	0002067766

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VXRT	Common Stock	Award	$0	+350K		$0.00	350K	May 19, 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	+1M		$0.00	1M	May 19, 2025	Common Stock	1M	$0.50	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. Twenty five percent of the shares underlying the award shall vest on each anniversary of the vesting commencement date of May 19, 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 May 19, 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 May 19, 2029.