Raffi Asadorian - Feb 14, 2024 Form 4 Insider Report for TALPHERA, INC. (TLPH)

Signature
/s/Martha Adler, Attorney-In-Fact
Stock symbol
TLPH
Transactions as of
Feb 14, 2024
Transactions value $
$0
Form type
4
Date filed
2/27/2024, 09:01 PM
Previous filing
Feb 13, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLPH Common Stock Award $0 +18K +88.71% $0.00 38.3K Feb 14, 2024 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
transaction TLPH Stock Option (Right to Buy) Award $0 +108K $0.00 108K Feb 14, 2024 Common Stock 108K $1.03 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units shall vest in three equal consecutive annual installments on February 14, 2025, February 14, 2026 and February 14, 2027.
F2 On February 14, 2024, the reporting person was granted an option to purchase 108,000 shares of common stock. One fourth (1/4th) of the option shares shall vest on the one year anniversary of the grant date, and the remaining balance of the option shares shall vest in 36 equal consecutive monthly installments thereafter until fully vested so long as the reporting person remains in continuous service through such applicable vesting periods.