SEC Form 4 · accession 0001209191-16-111111
TALPHERA, INC. · TLPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard B Rosen
Officer — CEO · Director
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 6:20 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2,F3 | $3.10 | Mar 28, 2016 | A | 800,000 | A | May 1, 2016 | Mar 28, 2026 | Common Stock | 800,000 | 800,000 | D |
Explanation of responses
- F1Issued pursuant to the 2011 Equity Incentive Plan.
- F2The shares subject to the option vest as follows: 1/48th of the shares subject to the option vest in equal monthly installments over 48 months, so long as the optionee continues to provide services to the Company.
- F3100% Acceleration upon Change of Control.