Item 7.01. Regulation FD Disclosure.
On December 31, 2020, Matthew Pauls, Chairman and Chief Executive Officer of
Savara Inc. ("Savara") entered into a written stock purchase plan (the "Purchase
Plan") in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"). Rule 10b5-1 and Savara's insider trading policy
allow individuals who are not then in possession of material non-public
information to establish a written, prearranged plan for future trades in Savara
stock. The Purchase Plan authorizes a broker to purchase an aggregate of
$150,000 in Savara shares at the then-prevailing market price in three trades
between February and April 2021, subject to the terms and conditions of the
Purchase Plan. Savara expects that the details of all purchases under the
Purchase Plan will be reported by Mr. Pauls through Form 4 filings with the
Securities and Exchange Commission.
Except as may be required by law, Savara does not undertake to report on
specific Rule 10b5-1 trading plans of Savara's officers or any transaction under
such plans, nor to report on the approval, implementation, modification or
termination, or the specific terms and conditions of the Purchase Plan or the
plan of any other individual. The information in Item 7.01 in this Current
Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the
Exchange Act, or otherwise subject to the liabilities of that Section, nor shall
it be incorporated by reference in any filing under the Securities Act of 1933,
as amended, or the Exchange Act, except as shall be expressly set forth by
specific reference in such filing.
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