Jack A. Khattar - 07 Nov 2024 Form 4 Insider Report for SUPERNUS PHARMACEUTICALS, INC. (SUPN)

Signature
/s/ Timothy C. Dec, as attorney-in-fact
Issuer symbol
SUPN
Transactions as of
07 Nov 2024
Net transactions value
-$3,443,750
Form type
4
Filing time
08 Nov 2024, 16:08:52 UTC
Previous filing
03 Sep 2024
Next filing
12 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUPN Common Stock Options Exercise $1,141,250 +125,000 +13% $9.13 1,051,172 07 Nov 2024 Direct
transaction SUPN Common Stock Sale $4,585,000 -125,000 -12% $36.68 926,172 07 Nov 2024 Direct F1, F2
holding SUPN Common Stock 1,022,450 07 Nov 2024 By the KBT Trust

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 SUPN Employee Stock Option (Right to Buy) Options Exercise $0 -125,000 -50% $0.000000 125,000 07 Nov 2024 Common Stock 125,000 $9.13 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person exercised the options indicated herein and sold the underlying shares prior to the expiration of such options on March 3, 2025.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.27 to $37.24. The Reporting Person undertakes to provide to Supernus Pharmaceuticals, Inc. ("Supernus"), any security holder of Supernus, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F3 The option vested in four equal installments beginning on March 3, 2016.