Talphera (NASDAQ: TLPH) director awarded RSUs and 30,700 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TALPHERA, INC. director Marina Bozilenko received equity compensation in the form of restricted stock units and stock options. She was granted 5,100 restricted stock units, each representing one share of common stock, all vesting on the first anniversary of the grant date, subject to her continuous service.
She was also granted options to purchase 30,700 shares of common stock at an exercise price of $0.98 per share, with 100% of the option shares vesting on the one-year anniversary of the grant date, also contingent on continued service. Following these awards, she directly holds 14,147 shares of common stock and 30,700 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bozilenko Marina
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 — 14,147 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
Restricted stock units granted: 5,100 units
Stock options granted: 30,700 options
Option exercise price: $0.98 per share
+5 more
8 metrics
Restricted stock units granted
5,100 units
Equity award to director on grant date
Stock options granted
30,700 options
Right to buy TALPHERA common stock
Option exercise price
$0.98 per share
Strike price for 30,700 stock options
Shares held after grant
14,147 shares
Common stock directly owned post‑transaction
Option shares underlying
30,700 shares
Common stock underlying the new options
RSU vesting schedule
100% after one year
Subject to continuous service to the company
Option vesting schedule
100% after one year
Subject to continuous service to the company
Option expiration
June 21, 2036
Expiration date of stock option grant
Key Terms
restricted stock unit, continuous service, Stock Option (Right to Buy), exercise price, +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.
continuous service financial
"subject to Reporting Person's continuous service to the Company."
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: "0.9800""
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.
vest financial
"100% of the shares subject to the option shall vest on the one-year anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What equity awards did TALPHERA (TLPH) director Marina Bozilenko receive?
Marina Bozilenko received 5,100 restricted stock units and options on 30,700 shares of TALPHERA common stock. These awards are compensation grants rather than market purchases and are tied to her continued service with the company.
What are the vesting terms of Marina Bozilenko’s TALPHERA (TLPH) restricted stock units?
All 5,100 restricted stock units vest 100% on the first anniversary of the grant date. Vesting is conditioned on Marina Bozilenko’s continuous service to TALPHERA, meaning she must remain with the company through that one-year period.
What are the details of Marina Bozilenko’s TALPHERA (TLPH) stock option grant?
She was granted options on 30,700 TALPHERA common shares at an exercise price of $0.98 per share. The entire option grant vests on the one-year anniversary of the grant date, subject to her continuous service with the company until that date.
Are Marina Bozilenko’s TALPHERA (TLPH) Form 4 transactions open-market buys or sales?
The Form 4 transactions are equity compensation grants, not open-market buys or sales. They consist of restricted stock units and stock options awarded at no cash cost per share on the grant date, with vesting based on continued service.