SEC Form 4 · accession 0001209191-15-067363
TALPHERA, INC. · TLPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela P Palmer
Officer — Chief Medical Officer · Director
Period of report
Aug 20, 2015
Accepted (ET)
Aug 21, 2015 · 4:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001427925
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 20, 2015 | M | 29,000 | $2.56 | A | 399,015 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $2.56 | Aug 20, 2015 | M | 29,000 | D | Dec 31, 2010 | Jun 15, 2020 | Common Stock | 29,000 | 221,000 | D |
Explanation of responses
- F1The shares subject to the option vest as follows: 1/2 of the shares subject to the option vest on December 31, 2010 with the remaining shares subject to the option vesting on an equal monthly basis over 24 months.