Jathin Bandari - Jan 10, 2022 Form 3 Insider Report for Protara Therapeutics, Inc. (TARA)

Signature
Mary Grendell, Attorney-in-Fact
Stock symbol
TARA
Transactions as of
Jan 10, 2022
Transactions value $
$0
Form type
3
Date filed
1/12/2022, 04:14 PM
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TARA Common Stock 7.5K Jan 10, 2022 Direct F1

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 TARA Stock Option (right to buy) Jan 10, 2022 Common Stock 14.5K $28.20 Direct F2
holding TARA Stock Option (right to buy) Jan 10, 2022 Common Stock 2.5K $20.51 Direct F3
holding TARA Stock Option (right to buy) Jan 10, 2022 Common Stock 13.9K $19.82 Direct F4
holding TARA Stock Option (right to buy) Jan 10, 2022 Common Stock 11.1K $19.82 Direct F4
holding TARA Stock Option (right to buy) Jan 10, 2022 Common Stock 523 $6.95 Direct F5
holding TARA Stock Option (right to buy) Jan 10, 2022 Common Stock 1.98K $6.95 Direct F5
holding TARA Stock Option (right to buy) Jan 10, 2022 Common Stock 1.36K $7.02 Direct F6
holding TARA Stock Option (right to buy) Jan 10, 2022 Common Stock 5.15K $7.02 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported are issued pursuant to a restricted stock unit award (RSU), of which represents a contingent right to receive one share of Issuer's common stock. The RSU vest in equal one-fourth installments on the first, second, third and fourth anniversaries of July 1, 2020.
F2 25% of the shares vest on the one year anniversary of July 1, 2020 and 1/48th of the shares vest monthly thereafter over the next three years, subject to the Reporting Person's continuous service with the Issuer as of each such date.
F3 25% of the shares vest on the one year anniversary of September 1, 2020 and 1/48th of the shares vest monthly thereafter over the next three years, subject to the Reporting Person's continuous service with the Issuer as of each such date.
F4 25% of the shares vest on the one year anniversary of January 19, 2021 and 1/48th of the shares vest monthly thereafter over the next three years, subject to the Reporting Person's continuous service with the Issuer as of each such date.
F5 25% of the shares vest on the one year anniversary of October 1, 2021 and 1/48th of the shares vest monthly thereafter over the next three years, subject to the Reporting Person's continuous service with the Issuer as of each such date.
F6 25% of the shares vest on the one year anniversary of November 1, 2021 and 1/48th of the shares vest monthly thereafter over the next three years, subject to the Reporting Person's continuous service with the Issuer as of each such date.