SEC Form 4 · accession 0001209191-15-027950
TREVENA INC · TRVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maxine Gowen
Officer — President & CEO · Director
Period of report
Mar 17, 2015
Accepted (ET)
Mar 19, 2015 · 5:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001429560
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 20, 2015 | G | 51,000 | $0.00 | D | 275,025 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $6.79 | Mar 17, 2015 | A | 300,000 | A | — | Mar 17, 2025 | Common Stock | 300,000 | 300,000 | D |
Explanation of responses
- F1This transaction involved gifts of securities by the reporting person to her children who do not share the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by her children, and this report should not be deemed an admission that the reporting person is the beneficial owner of her children's shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F2The option shall vest and become exercisable with respect to one-fourth of the total number of shares subject to the option on each of March 17, 2016, March 17, 2017, March 17, 2018 and March 17, 2019, subject to the reporting person's Continuous Service (as defined in the Trevena, Inc. 2013 Equity Incentive Plan, as amended) as of each such vesting date.