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

Role: Chief Financial Officer
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.

Content

The restricted stock units shall vest in three equal consecutive annual installments on February 14, 2025, February 14, 2026 and February 14, 2027.

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.