SEC Form 4 · accession 0001437749-17-002807
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
Feb 7, 2017
Accepted (ET)
Feb 17, 2017 · 8:09 pm EST
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 | $3.00 | Feb 7, 2017 | A | 366,000 | A | Feb 7, 2018 | Feb 6, 2028 | Common Stock | 366,000 | 366,000 | D |
Explanation of responses
- F1Issued pursuant to the 2011 Equity Incentive Plan.
- F2The 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 (February 7, 2016) and the remaining shares subject to the option vest on an equal monthly basis over the following 36 months.
- F3100% Acceleration upon Change of Control.