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 | +14.7K | +66.51% | 36.7K | Dec 6, 2022 | Direct | F1 | ||
transaction | CPRX | Common stock, par value $0.001 per share | Sale | -$99.7K | -5.92K | -16.12% | $16.85 | 30.8K | Dec 6, 2022 | Direct | F2 |
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 | +14.7K | +1.63% | $0.00 | 914K | Dec 6, 2022 | Common Stock | 14.7K | Direct | F1, F3, F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of the Registrant's common stock upon vesting. |
F2 | Dr. Ingenito sold the shares on the open market to pay for taxes due on the vesting of the restricted stock units and not as a result of any disagreement with the Registrant. Dr. Ingenito remains an officer of the Company. |
F3 | Derivative securities vested in equal tranches, 1/3rd on December 2, 2020, 1/3rd on December 2, 2021 and 1/3rd on December 2, 2022. |
F4 | Shares of common stock are required to be delivered to the Reporting Person within sixty days of vesting. The final tranche of shares was delivered on December 6, 2022. |