Leslie Tari - Jul 1, 2021 Form 3 Insider Report for Cidara Therapeutics, Inc. (CDTX)

Signature
/s/ Leslie Tari
Stock symbol
CDTX
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
3
Date filed
7/6/2021, 04:29 PM
Next filing
Jul 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CDTX Common Stock 2.55K Jul 1, 2021 Direct
holding CDTX Common Stock 13.3K Jul 1, 2021 By spouse

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
holding CDTX Stock Option (right to buy) Jul 1, 2021 Common Stock 30.7K $2.29 Direct F1
holding CDTX Stock Option (right to buy) Jul 1, 2021 Common Stock 49.7K $2.45 Direct F2
holding CDTX Stock Option (right to buy) Jul 1, 2021 Common Stock 79.2K $2.45 Direct F1
holding CDTX Stock Option (right to buy) Jul 1, 2021 Common Stock 85K $1.98 Direct F3
holding CDTX Stock Option (right to buy) Jul 1, 2021 Common Stock 120K $2.55 Direct F4
holding CDTX Restricted Stock Unit Jul 1, 2021 Common Stock 3.68K Direct F5, F6
holding CDTX Stock Option (right to buy) Jul 1, 2021 Common Stock 918 $2.45 By spouse F1
holding CDTX Stock Option (right to buy) Jul 1, 2021 Common Stock 3.93K $2.45 By spouse F1
holding CDTX Stock Option (right to buy) Jul 1, 2021 Common Stock 521 $1.98 By spouse F1
holding CDTX Stock Option (right to buy) Jul 1, 2021 Common Stock 104 $2.55 By spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are fully vested
F2 One-third (1/3) of the shares subject to the option vested on December 18, 2020 and the remainder vests and becomes exercisable in a series of twenty-four (24) successive equal monthly installments thereafter until fully vested on December 18, 2022.
F3 The option shall vest and become exercisable in a series of thirty-six (36) successive equal monthly installments measured from the Vesting Commencement Date of March 19, 2020.
F4 The option shall vest and become exercisable in a series of thirty-six (36) successive equal monthly installments measured from the Vesting Commencement Date of March 17, 2021.
F5 The shares shall vest upon the achievement of various clinical and corporate milestones.
F6 Restricted stock units convert into common stock on a one-for-one basis.