4/A//SEC Filing
Litton Mark James 4/A
Accession 0001415889-24-004153
CIK 0001620463other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 4:38 PM ET
Size
11.1 KB
Accession
0001415889-24-004153
Insider Transaction Report
Form 4/AAmended
Litton Mark James
DirectorPresident and CEO
Transactions
- Award
Common Stock
2024-01-04+20,000→ 149,217 total - Sale
Common Stock
2024-01-05$2.91/sh−4,820$14,026→ 144,397 total
Holdings
- 6,563(indirect: By Trust)
Common Stock
- 6,563(indirect: By Trust)
Common Stock
- 6,563(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]On November 3, 2021, the reporting person was granted restricted stock units ("RSUs") representing 60,000 shares of Common Stock of the Issuer. The RSUs are scheduled to vest according to the following amended vesting schedule: (1) one third (1/3rd) of the number of shares subject to the RSU award vest at the completion of the public readout of topline results of the Issuer's ACT-AD Phase 2 clinical trial; (2) one third (1/3rd) of the number of shares subject to the RSU award vest as of the date the Compensation Committee (the "Committee") determines that enrollment of the Company's LIFT-AD Phase 2/3 clinical trial has been completed, and (3) one third (1/3rd) of the number of shares subject to the RSU award vest as of the completion of the public readout of topline results of the Issuer's LIFT-AD Phase 2/3 clinical trial (the "LIFT-AD Readout"), in each case subject to continued service with the Issuer through the applicable vesting date.
- [F2]On January 4, 2024, the Committee determined that enrollment of the Company's LIFT-AD Phase 2/3 clinical trial had been completed and 20,000 RSUs vested and settled on such date. The original Form 4 incorrectly reported the determination date as January 4, 2023.
- [F3]The reported shares were sold to cover the Issuer's tax withholding obligations in connection with the vesting of RSUs. Such sale was made pursuant to an Issuer-mandated policy and was not subject to discretion.
- [F4]The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $2.84 to $3.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F5]Reflects Common Stock held by Irrevocable Trust of OSL held for the benefit of Dr. Litton's children.
- [F6]Reflects Common Stock held by Irrevocable Trust of SWL held for the benefit of Dr. Litton's children.
- [F7]Reflects Common Stock held by Irrevocable Trust of WGL held for the benefit of Dr. Litton's children.
Documents
Issuer
Athira Pharma, Inc.
CIK 0001620463
Entity typeother
Related Parties
1- filerCIK 0001604834
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 4:38 PM ET
- Size
- 11.1 KB