SEC Form 4 · accession 0001437749-17-011354
TALPHERA, INC. · TLPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark A Wan
Director · 10% Owner
Period of report
Jun 15, 2017
Accepted (ET)
Jun 15, 2017 · 5:15 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 | $2.30 | Jun 15, 2017 | A | 15,000 | A | Jul 15, 2017 | Jun 14, 2027 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Issued pursuant to the 2011 Equity Incentive Plan.
- F2The shares subject to the option vest as follows: 1/24th of the shares subject to the option vest in equal monthly installments over 24 months, subject to Optionee's Continuous Service on the Company's Board of Directors.
- F3100% Acceleration upon Change of Control.