Jeffrey del Carmen - 28 Jun 2022 Form 4 Insider Report for CATALYST PHARMACEUTICALS, INC. (CPRX)

Signature
/s/ Jeffrey Del Carmen
Issuer symbol
CPRX
Transactions as of
28 Jun 2022
Net transactions value
$0
Form type
4
Filing time
30 Jun 2022, 17:00:34 UTC
Previous filing
16 Feb 2022
Next filing
22 Aug 2022

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 +141% 17,070 28 Jun 2022 Direct F1
transaction CPRX Common stock, par value $0.001 per share Tax liability -2,930 -17% 14,140 28 Jun 2022 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 -1.3% $0.000000 747,000 28 Jun 2022 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 second tranche of shares was delivered on June 28, 2022.