TALPHERA (TLPH) director granted 5,100 shares and 30,700 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TALPHERA, INC. director Abhinav Jain reported equity compensation grants consisting of restricted stock units and stock options. He received 5,100 shares of common stock as a grant, bringing his direct holdings to 12,412 shares after the transaction. These awards carry no cash purchase price.
On the same date, he was granted stock options for 30,700 shares of common stock at an exercise price of $0.98 per share, expiring on June 21, 2036. Footnotes state that 100% of the restricted stock units and 100% of the option shares vest on the first anniversary of the grant date, subject to his continuous service to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
JAIN ABHINAV
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 30,700 | $0.00 | -- |
| Grant/Award | Common Stock | 5,100 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 30,700 shares (Direct, null);
Common Stock — 12,412 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. 100% of the restricted stock units shall vest on the first anniversary of the grant date, subject to Reporting Person's continuous service to the Company. 100% of the shares subject to the option shall vest on the one-year anniversary of the grant date, subject to the Reporting Person's continuous service to the Company.
Key Figures
Stock grant: 5,100 shares
Shares held after grant: 12,412 shares
Option grant size: 30,700 options
+4 more
7 metrics
Stock grant
5,100 shares
Common stock granted to director Abhinav Jain
Shares held after grant
12,412 shares
Director’s direct common stock holdings post-transaction
Option grant size
30,700 options
Stock options for common stock granted to director
Option exercise price
$0.98 per share
Exercise price of stock options
Option expiration
June 21, 2036
Stock option expiration date
RSU vesting schedule
100% after 1 year
Restricted stock units vest on first anniversary of grant
Option vesting schedule
100% after 1 year
Option shares vest on one-year anniversary of grant
Key Terms
restricted stock unit, Stock Option (Right to Buy), exercise price, vesting, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with 30,700.0000 shares at an exercise price of 0.9800."
exercise price financial
"conversion_or_exercise_price: "0.9800" for the stock option grant."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"100% of the restricted stock units shall vest on the first anniversary of the grant date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"subject to Reporting Person's continuous service to the Company."
