SEC Form 4 · accession 0001209191-15-038216
TALPHERA, INC. · TLPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy E Morris
Officer — Chief Financial Officer
Period of report
Apr 29, 2015
Accepted (ET)
May 1, 2015 · 9:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001427925
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock (Right to Buy)F1,F2,F3 | $4.24 | Apr 29, 2015 | A | 100,000 | A | Apr 29, 2016 | Apr 28, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Issued pursuant to the 2011 Equity Incentive Plan.
- F2The shares have double-trigger acceleration on a change of control.
- F3The shares subject to the option vest as follows: 25% of the shares subject to the option vest on the 12 month anniversary of the Vesting Commencement Date of April 29, 2015 and the remaining shares subject to the option vest on an equal monthly basis over the following 36 months.