Jeffrey del Carmen - 24 Jun 2021 Form 4 Insider Report for CATALYST PHARMACEUTICALS, INC. (CPRX)

Signature
/s/ Jeffrey Del Carmen
Issuer symbol
CPRX
Transactions as of
24 Jun 2021
Net transactions value
$0
Form type
4
Filing time
25 Jun 2021, 16:25:16 UTC
Next filing
30 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRX Common stock, par value $0.001 per share Options Exercise +10,000 10,000 24 Jun 2021 Direct F1
transaction CPRX Common stock, par value $0.001 per share Tax liability -2,930 -29% 7,070 24 Jun 2021 Direct F2

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 CPRX Restricted Stock Units Options Exercise $0 -10,000 -2.1% $0.000000 463,334 24 Jun 2021 Common Stock 10,000 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Registrant's common stock upon vesting.
F2 Shares withheld by the Registrant to satisfy applicable withholding taxes upon vesting of restricted stock units.
F3 Derivative securities vest in equal tranches, 1/3rd on June 23, 2021, 1/3rd on June 23, 2022, and 1/3rd on June 23, 2023.
F4 Shares of common stock will be delivered to the Reporting Person within sixty days of vesting. The first tranche of shares was delivered on June 24, 2021.