Michael C. Donegan - 29 Sep 2021 Form 4 Insider Report for TherapeuticsMD, Inc. (TXMD)

Signature
/s/ Michael C. Donegan
Issuer symbol
TXMD
Transactions as of
29 Sep 2021
Net transactions value
$0
Form type
4
Filing time
01 Oct 2021, 17:00:39 UTC
Previous filing
02 Jul 2021
Next filing
02 Dec 2021

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 TXMD Restricted Stock Units Award $0 +38,954 $0.000000 38,954 29 Sep 2021 Common Stock 38,954 $0.000000 Direct F1, F2
transaction TXMD Non-Qualified Stock Option (right to buy) Other $0 -50,000 -100% $0.000000* 0 29 Sep 2021 Common Stock 50,000 $5.01 Direct F3, F4
transaction TXMD Non-Qualified Stock Option (right to buy) Other $0 -100,000 -100% $0.000000* 0 29 Sep 2021 Common Stock 100,000 $8.92 Direct F3, F5
transaction TXMD Non-Qualified Stock Option (right to buy) Other $0 -40,000 -100% $0.000000* 0 29 Sep 2021 Common Stock 40,000 $6.83 Direct F3, F6
transaction TXMD Non-Qualified Stock Option (right to buy) Other $0 -100,000 -100% $0.000000* 0 29 Sep 2021 Common Stock 100,000 $5.16 Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSUs) issued pursuant to the Issuer's stock option exchange program approved by stockholders at the Issuer's 2021 annual meeting (the "Option Exchange Program"). Each RSU represents a contingent right to receive one share of common stock of the Issuer.
F2 Subject to the reporting person's continuous service, the RSUs will vest in three equal installments annually, beginning September 29, 2022, becoming fully vested on September 29, 2024.
F3 Stock options exchanged for RSUs pursuant to the Option Exchange Program.
F4 Underlying shares were subject to vesting as follows: 12,500 shares on the first anniversary date of the grant, 12,500 shares on the second anniversary date of the grant, 12,500 shares on the third anniversary date of the grant, and 12,500 shares on the fourth anniversary date of the grant.
F5 Underlying shares were subject to vesting as follows: equal monthly installments over 12 months.
F6 Underlying shares were subject to vesting as follows: 13,333 shares on the first anniversary date of the grant, 13,333 shares on the second anniversary date of the grant, and 13,334 shares on the third anniversary date of the grant.
F7 Underlying shares were subject to vesting as follows: 33,334 shares on the first anniversary date of the grant, 33,333 shares on the second anniversary date of the grant, and 33,333 shares on the third anniversary date of the grant.