Jeffrey Stein - 27 Mar 2023 Form 4 Insider Report for Cidara Therapeutics, Inc. (CDTX)

Signature
/s/ Shane Ward, Attorney-in-Fact
Issuer symbol
CDTX
Transactions as of
27 Mar 2023
Net transactions value
$0
Form type
4
Filing time
29 Mar 2023, 17:30:23 UTC
Previous filing
23 Feb 2023
Next filing
09 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDTX Common Stock Award $0 +271,750 +29% $0.000000 1,202,385 27 Mar 2023 Direct F1, F2
holding CDTX Common Stock 281,602 27 Mar 2023 By trust
holding CDTX Common Stock 42,009 27 Mar 2023 By son

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 CDTX Employee Stock Option (right to buy) Award $0 +543,500 $0.000000 543,500 27 Mar 2023 Common Stock 543,500 $1.01 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based Restricted Stock Units (RSUs) granted on March 27, 2023. All RSUs vest in three equal annual installments, with 1/3 vesting on each of March 10, 2024, 2025, and 2026, subject to continuous service through each such vesting date.
F2 Includes 8,000 shares acquired pursuant to the Issuer's Employee Stock Purchase Plan (ESPP) on May 20, 2022 and November 18, 2022.
F3 The option shall vest and become exercisable in a series of thirty-six (36) successive equal monthly installments measured from the Vesting Commencement Date of March 27, 2023.