Rahsaan W. Thompson - 21 Jun 2024 Form 4 Insider Report for ZEVRA THERAPEUTICS, INC. (ZVRA)

Role: Chief Legal & Compliance, Secretary
Signature: /s/ Rahsaan W. Thompson
Issuer symbol: ZVRA
Transactions as of: 21 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 25 Jun 2024, 17:13:10 UTC
Previous filing: 28 Feb 2023
Next filing: 03 Feb 2025
SEC: View on sec.gov

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	ZVRA	Restricted Stock Unit	Award	$0	+200,000		$0.000000	200,000	21 Jun 2024	Common Stock	200,000	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant to the Reporting Person of restricted stock units ("RSU") under the Issuer's 2023 Employment Inducement Award Plan (the "Plan"). 33 1/3% of the shares will vest on June 21, 2025 and the remainder vesting in two equal annual installments thereafter, provided that at the relevant vesting dates such optionee's employment relationship has not been terminated as defined in the Plan. All shares will vest in full and become immediately exercisable upon a change of control of the Issuer or if the Reporting Person is terminated without cause or resigns for good reason.

Content

Grant to the Reporting Person of restricted stock units ("RSU") under the Issuer's 2023 Employment Inducement Award Plan (the "Plan"). 33 1/3% of the shares will vest on June 21, 2025 and the remainder vesting in two equal annual installments thereafter, provided that at the relevant vesting dates such optionee's employment relationship has not been terminated as defined in the Plan. All shares will vest in full and become immediately exercisable upon a change of control of the Issuer or if the Reporting Person is terminated without cause or resigns for good reason.