John H. Tucker - 29 Mar 2024 Form 4 Insider Report for scPharmaceuticals Inc. (SCPH)

Signature
/s/ John H. Tucker
Issuer symbol
SCPH
Transactions as of
29 Mar 2024
Net transactions value
$0
Form type
4
Filing time
02 Apr 2024, 16:15:16 UTC
Previous filing
22 Jan 2024
Next filing
07 Jan 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCPH Stock Option (right to buy) Award $0 +56,025 $0.000000 56,025 29 Mar 2024 Common Stock 56,025 $7.06 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 25, 2021, the Reporting Person was granted 112,050 options which were eligible to vest and become exercisable subject to certain performance conditions. On March 29, 2024, the Issuer's Board of Directors determined that the performance conditions for one half (1/2) of the grant were met, resulting in the vesting of 56,025 shares. The remaining 56,025 options were previously forfeited due to failure to meet certain performance conditions.