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If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Shares of common stock of the corporation known as Aravive Biologics, Inc. ("Aravive Biologics") were converted into shares of Aravive, Inc. (the "Issuer") pursuant to that certain Agreement and Plan of Merger and Reorganization, dated as of June 3, 2018, by and among the Issuer (then under the name Versartis, Inc.), Velo Merger Sub, Inc. and Aravive Biologics (the "Merger Agreement"). Pursuant to the terms of the Merger Agreement for the merger (the "Merger"), each share of Aravive Biologics common stock was exchanged for 2.2801 shares of the Issuer's common stock, subject to adjustment for any reverse stock split. Following the Merger, the Issuer effected a reverse stock split at a ratio of one new share for every six shares of Issuer common stock outstanding and the Issuer changed its name to Aravive, Inc. All share and option numbers reflect the reverse stock split. |
(2) |
On June 15, 2017, the reporting person was granted an option to purchase 78,000 shares of common stock of Aravive Biologics at an exercise price of $0.23 per share. Pursuant to the Merger Agreement, this option was converted into an option to purchase 29,641 shares of Issuer common stock (as adjusted for the stock split) at a per share exercise price of $0.66 per share (as adjusted for the stock split). The option is fully vested with respect to all of the underlying shares and exercisable as of the effective date of the Merger. |
(3) |
December 14, 2017, the reporting person was granted an option to purchase 39,000 shares of common stock of Aravive Biologics at an exercise price of $0.34 per share. Pursuant to the Merger Agreement, this option was converted into an option to purchase 14,820 shares of Issuer common stock (as adjusted for the stock split) at a per share exercise price of $0.90 per share (as adjusted for the stock split). The option is fully vested with respect to all of the underlying shares and exercisable as of the effective date of the Merger. |
(4) |
On March 20, 2018, the reporting person was granted an option to purchase 39,000 shares of common stock of Aravive Biologics at an exercise price of $0.34 per share. Pursuant to the Merger Agreement, this option was converted into an option to purchase 14,820 shares of Issuer common stock (as adjusted for the stock split) at a per share exercise price of $0.90 per share (as adjusted for the stock split). The option is fully vested with respect to all of the underlying shares and exercisable as of the effective date of the Merger. |