Steven Lo - Mar 18, 2024 Form 4 Insider Report for Vaxart, Inc. (VXRT)

Role: President, Chief Exec Officer, Director
Signature: /s/ Edward Berg, Attorney-in-Fact
Stock symbol: VXRT
Transactions as of: Mar 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/20/2024, 08:03 PM
Previous filing: Jun 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VXRT	Common Stock	Award	$0	+250K		$0.00	250K	Mar 18, 2024	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	Mar 18, 2024	Common Stock	1M	$1.16	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 March 18, 2024, 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 18, 2025, 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 18, 2028.