Frederique Ph.D. Menzaghi - 21 Dec 2022 Form 4 Insider Report for Cara Therapeutics, Inc. (TVRD)

Signature
/s/Darren DeStefano, Attorney-in-Fact
Issuer symbol
TVRD
Transactions as of
21 Dec 2022
Net transactions value
-$39,513
Form type
4
Filing time
23 Dec 2022, 15:54:59 UTC
Previous filing
05 Apr 2022
Next filing
03 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARA Common Stock Sale $39,513 -3,506 -2.1% $11.27 166,275 21 Dec 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a "sell to cover" arrangement adopted by the Reporting Person in accordance with Rule 10b5-1 to satisfy the tax withholding obligations triggered by the vesting of restricted stock units reported in the Form 4 filed with the Securities and Exchange Commission on December 21, 2021, and does not represent a discretionary trade by the Reporting Person.