Christopher R. Cline - 01 Sep 2022 Form 3 Insider Report for Travere Therapeutics, Inc. (TVTX)

Signature
/s/ Elizabeth E. Reed, Attorney-in-Fact
Issuer symbol
TVTX
Transactions as of
01 Sep 2022
Net transactions value
$0
Form type
3
Filing time
01 Sep 2022, 18:19:00 UTC
Next filing
26 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TVTX Common Stock 28,723 01 Sep 2022 Direct

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 TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 40,000 $12.51 Direct F1
holding TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 15,000 $32.49 Direct F1
holding TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 20,000 $16.23 Direct F1
holding TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 20,000 $17.44 Direct F1
holding TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 12,500 $25.25 Direct F1
holding TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 10,000 $17.96 Direct F2
holding TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 12,500 $15.46 Direct F3
holding TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 16,250 $26.88 Direct F4
holding TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 17,500 $27.50 Direct F5
holding TVTX Employee Stock Option (Right to Buy) 01 Sep 2022 Common Stock 5,000 $28.55 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option is fully vested and exercisable.
F2 One-fourth of the shares subject to the stock option vested and become exercisable on May 9, 2020, and the remaining shares vest in 36 equal monthly installments thereafter.
F3 One-fourth of the shares subject to the stock option vested and become exercisable on January 31, 2021, and the remaining shares vest in 36 equal monthly installments thereafter.
F4 One-fourth of the shares subject to the stock option vested and became exercisable on January 21, 2022, and the remaining shares vest in 36 equal monthly installments thereafter.
F5 One-fourth of the shares subject to the stock option will vest and become exercisable on January 31, 2023, and the remaining shares vest in 36 equal monthly installments thereafter.
F6 One-fourth of the shares subject to the stock option will vest and become exercisable on April 10, 2023, and the remaining shares vest in 36 equal monthly installments thereafter.