Opaleye Management Inc. - Sep 11, 2024 Form 4 Insider Report for Protara Therapeutics, Inc. (TARA)

Role
10%+ Owner
Signature
Opaleye Management Inc., By: /s/ James Silverman, President
Stock symbol
TARA
Transactions as of
Sep 11, 2024
Transactions value $
-$271,715
Form type
4
Date filed
9/12/2024, 08:20 PM
Previous filing
Sep 12, 2024
Next filing
Sep 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TARA Common Stock, par value $0.001 per share Sale -$53.1K -31K -1.48% $1.71 2.06M Sep 11, 2024 By Opaleye, L.P. F1, F3
transaction TARA Common Stock, par value $0.001 per share Sale -$2.74K -1.6K -3.01% $1.71 51.5K Sep 11, 2024 By Managed account F2, F3
transaction TARA Common Stock, par value $0.001 per share Sale -$205K -120K -5.8% $1.71 1.94M Sep 12, 2024 By Opaleye, L.P. F1, F4
transaction TARA Common Stock, par value $0.001 per share Sale -$11.1K -6.5K -12.62% $1.71 45K Sep 12, 2024 By Managed account F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities owned directly by Opaleye, L.P. (the "Fund"). As the investment manager of the Fund, Opaleye Management Inc. may be deemed to beneficially own the securities owned directly by the Fund.
F2 Securities owned by a separately managed account (the "Managed Account"). As the portfolio manager of the Managed Account, Opaleye may be deemed to beneficially own the securities owned directly by the Managed Account.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.70-$1.74 inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.70-$1.75 inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.