Hannah Fry - 16 Jul 2022 Form 3 Insider Report for Protara Therapeutics, Inc. (TARA)

Role
VP, Controller
Signature
Mary Grendell, Attorney-in-Fact
Issuer symbol
TARA
Transactions as of
16 Jul 2022
Net transactions value
$0
Form type
3
Filing time
19 Jul 2022, 16:05:58 UTC
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TARA Common Stock 2,600 16 Jul 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) 16 Jul 2022 Common Stock 2,600 $24.02 Direct F2
holding TARA Stock Option (right to buy) 16 Jul 2022 Common Stock 500 $26.32 Direct F3
holding TARA Stock Option (right to buy) 16 Jul 2022 Common Stock 500 $17.94 Direct F4
holding TARA Stock Option (right to buy) 16 Jul 2022 Common Stock 3,250 $19.82 Direct F5
holding TARA Stock Option (right to buy) 16 Jul 2022 Common Stock 2,500 $6.95 Direct F6
holding TARA Stock Option (right to buy) 16 Jul 2022 Common Stock 5,300 $6.90 Direct F7
* 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 (RSU) award, of which each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in equal one-third installments on the first, second, and third anniversaries of January 3, 2022.
F2 25% of the shares vest on the one year anniversary of May 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 August 7, 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 October 30, 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.
F5 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.
F6 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.
F7 25% of the shares vest on the one year anniversary of January 3, 2022 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.

Remarks:

Exhibit 24.1 - Power of Attorney