Marten Steen - May 18, 2021 Form 4 Insider Report for Strongbridge Biopharma plc (SBBP)

Role
Director
Signature
/s/ Judith Goldberg, as attorney-in-fact
Stock symbol
SBBP
Transactions as of
May 18, 2021
Transactions value $
$0
Form type
4
Date filed
5/18/2021, 07:14 PM
Previous filing
May 18, 2021
Next filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBBP Ordinary Shares Award $0 +40K +95.43% $0.00 81.9K May 18, 2021 By HealthCap VI, L.P. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units, which vest in full on May 18, 2022, provided that the Reporting Person continues to serve as a member of the board of directors of the Issuer through that date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 Based on his affiliation with HealthCap VI, L.P., the Reporting Person may be deemed the beneficial owner of these securities. The Reporting Person expressly disclaims beneficial ownership over these securities except to the extent of his pecuniary interest therein.