Yoder Robert T. - 14 Dec 2023 Form 4 Insider Report for TREVENA INC (TRVN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Dec 2023, 18:56:10 UTC
Prior SEC filing
05 Dec 2023
Next SEC filing
17 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joel Solomon, as Attorney-in-Fact

Key filing fact

Yoder Robert T. filed Form 4 for TREVENA INC (TRVN) on 15 Dec 2023.

Key facts

  • This page summarizes Yoder Robert T.'s Form 4 filing for TREVENA INC (TRVN).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 15 Dec 2023, 18:56.

Change

  • Previous filing in this sequence was filed on 05 Dec 2023.
  • Current net transaction value: +$70,498.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TRVN transaction

Common Stock

Award

Transaction value
$56,425
Shares
+92,500
Change %
+214%
Price
$0.6100
Shares after
135,806
Date
14 Dec 2023
Ownership
Direct
Footnotes
F1
TRVN transaction

Common Stock

Award

Transaction value
$15,250
Shares
+25,000
Change %
+18%
Price
$0.6100
Shares after
160,806
Date
14 Dec 2023
Ownership
Direct
Footnotes
F2
TRVN transaction

Common Stock

Tax liability

Transaction value
$1,177
Shares
-1,929
Change %
-1.2%
Price
$0.6100
Shares after
158,877
Date
14 Dec 2023
Ownership
Direct
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

These shares are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock of the Issuer. The shares underlying the RSUs shall vest in four (4) equal annual installments on each of December 2, 2024, December 2, 2025, December 2, 2026 and December 2, 2027, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2013 Equity Incentive Plan, as amended) as of each such vesting date.

Footnote F2

Reflects the number of shares earned pursuant to the terms of a performance stock unit ("PSU") award granted on December 14, 2023 reflecting the achievement of the related performance conditions. The shares underlying the PSUs shall vest in four (4) equal annual installments on each of December 14, 2023, December 2, 2024, December 2, 2025 and December 2, 2026.

Footnote F3

The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of RSUs.

Footnote F4

These are shares withheld in connection with the non-reportable vesting and settlement of PSUs granted on December 14, 2023.

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