Travere director gets stock and option awards
Meckler Jeffrey A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Meckler Jeffrey A reported acquisition or exercise transactions in this Form 4 filing.
Travere Therapeutics director Jeffrey A. Meckler received new equity compensation. He was granted 4,000 shares of common stock and 12,000 stock options as an automatic equity grant under Travere’s 2018 Equity Incentive Plan and non-employee director compensation program.
The options give him the right to buy 12,000 shares of common stock at $42.26 per share and expire on May 19, 2036. The equity award vests over a one year period. After the grant, he directly owns 91,500 common shares and holds 12,000 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 12,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Automatic equity grant under the Issuer's 2018 Equity Incentive Plan, as amended, pursuant to the non-employee director compensation program.
- F2. The equity award vests over a one year period.
Key Figures
Key Terms
Automatic equity grant financial
2018 Equity Incentive Plan financial
non-employee director compensation program financial
equity award vests over a one year period financial
Stock option (right to buy) financial
FAQ
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What did Travere Therapeutics (TVTX) director Jeffrey Meckler receive in this Form 4?
Are Jeffrey Meckler’s new Travere (TVTX) awards open-market purchases?
What are the key terms of Jeffrey Meckler’s new Travere (TVTX) stock options?
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AI-generated analysis. How Rhea-AI works. Not financial advice.