Sandra I. Coufal - Jun 10, 2021 Form 4 Insider Report for Tricida, Inc. (TCDA)

Role: Director, 10%+ Owner
Signature: /s/ Geoffrey M. Parker, attorney-in-fact
Stock symbol: TCDA
Transactions as of: Jun 10, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/11/2021, 05:15 PM
Previous filing: Jun 10, 2021
Next filing: Jul 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCDA	Common Stock	Award	$0	+16.4K	+11.51%	$0.00	159K	Jun 10, 2021	Direct	F1
holding	TCDA	Common Stock						4.86K	Jun 10, 2021	By Coufal Irrevocable Trust	F2
holding	TCDA	Common Stock						777K	Jun 10, 2021	By Sibling Capital Fund II-A L.P.	F3, F4
holding	TCDA	Common Stock						2.77M	Jun 10, 2021	By Sibling Capital Fund II-B L.P.	F3, F5
holding	TCDA	Common Stock						1.81M	Jun 10, 2021	By Sibling Capital Fund II-C L.P.	F3, F6
holding	TCDA	Common Stock						599K	Jun 10, 2021	By Sibling Capital Fund II-D L.P.	F3, F7
holding	TCDA	Common Stock						463K	Jun 10, 2021	By Sibling Insiders Fund II L.P.	F3, F8

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	TCDA	Stock Option (right to buy)	Award	$0	+57.2K		$0.00	57.2K	Jun 10, 2021	Common Stock	57.2K	$4.92	Direct	F9

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

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") that vest on the earlier of (i) the one-year anniversary of June 10, 2021 (the "Grant Date") and (ii) the Issuer's next regularly scheduled annual meeting of stockholders that occurs following the Grant Date (the "Next Annual Meeting"), subject to the Reporting Person's continuous service as a non-employee director through such vesting date. Each RSU represents a contingent right to receive one share of Common Stock.
F2	The spouse of the Reporting Person is the sole trustee of the Coufal Irrevocable Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Coufal Irrevocable Trust except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3	For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Person disclaims beneficial ownership of any such securities, except to the extent of pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
F4	The shares are held directly by Sibling Capital Fund II-A L.P. ("Sibling A"). Sibling Capital Ventures LLC ("SCV") is the sole general partner of Sibling A. As co-manager of SCV, Sandra I. Coufal may be deemed to be an indirect beneficial owner of such shares.
F5	The shares are held directly by Sibling Capital Fund II-B L.P. ("Sibling B"). Sibling Capital Ventures II LLC ("SCV II") is the sole general partner of Sibling B. As co-manager of SCV II, Sandra I. Coufal may be deemed to be an indirect beneficial owner of such shares.
F6	The shares are held directly by Sibling Capital Fund II-C L.P. ("Sibling C"). Sibling Capital Ventures III LLC ("SCV III") is the sole general partner of Sibling C. As co-manager of SCV III, Sandra I. Coufal may be deemed to be an indirect beneficial owner of such shares.
F7	The shares are held directly by Sibling Capital Fund II-D L.P. ("Sibling D"). Sibling Capital Ventures IV LLC ("SCV IV") is the sole general partner of Sibling D. As co-manager of SCV IV, Sandra I. Coufal may be deemed to be an indirect beneficial owner of such shares.
F8	The shares are held directly by Sibling Insiders Fund II L.P. ("Sibling Insiders Fund"). Sibling Insiders II LLC ("Sibling Insiders LLC") is the sole general partner of Sibling Insiders Fund. As co-manager of Sibling Insiders LLC, Sandra I. Coufal may be deemed to be an indirect beneficial owner of such shares.
F9	Subject to the Reporting Person's continuous service to the Issuer as a non-employee director through each vesting date, this option vests ratably on a monthly basis, on the monthly anniversary of June 10, 2021 ("Option Date"), over the one-year period following the Option Date so that the option shall be 100% vested and exercisable on the one-year anniversary of the Option Date ("Vesting Date"); provided, however, if the Next Annual Meeting occurs prior to the Vesting Date, then the option shall vest in full immediately prior to the Next Annual Meeting.