Shakil Aslam - Oct 1, 2024 Form 3 Insider Report for TALPHERA, INC. (TLPH)

Signature
/s/ Martha Adler, Attorney-in-Fact
Stock symbol
TLPH
Transactions as of
Oct 1, 2024
Transactions value $
$0
Form type
3
Date filed
10/10/2024, 04:25 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TLPH Common Stock 32K Oct 1, 2024 Direct F1, F2

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 TLPH Stock Option (Right to Buy) Oct 1, 2024 Common Stock 185K $1.08 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 The restricted stock units shall vest in three equal consecutive annual installments on May 20, 2025, May 20, 2026 and May 20, 2027.
F3 On May 20, 2024, the reporting person was granted an option to purchase 185,000 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.