Padmanabh P. Bhatt - 03 Dec 2024 Form 4 Insider Report for SUPERNUS PHARMACEUTICALS, INC. (SUPN)

Role
Sr. VP of IP, CSO
Signature
/s/ Timothy C. Dec, as attorney-in-fact
Issuer symbol
SUPN
Transactions as of
03 Dec 2024
Net transactions value
-$256,076
Form type
4
Filing time
04 Dec 2024, 16:36:28 UTC
Previous filing
20 Aug 2024
Next filing
29 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUPN Common Stock Options Exercise $209,912 +8,750 +90% $23.99 18,429 03 Dec 2024 Direct
transaction SUPN Common Stock Sale $320,950 -8,750 -47% $36.68 9,679 03 Dec 2024 Direct F1
transaction SUPN Common Stock Options Exercise $322,448 +12,745 +132% $25.30 22,424 03 Dec 2024 Direct
transaction SUPN Common Stock Sale $467,487 -12,745 -57% $36.68 9,679 03 Dec 2024 Direct F2

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 -8,750 -100% $0.000000 0 03 Dec 2024 Common Stock 8,750 $23.99 Direct F3
transaction SUPN Employee Stock Option (Right to Buy) Options Exercise $0 -12,745 -100% $0.000000 0 03 Dec 2024 Common Stock 12,745 $25.30 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.29 to $37.01. 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.24 to $37.00. The Reporting Person undertakes to provide to 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 annual installments beginning on February 21, 2021.
F4 The option vested in four equal annual installments beginning on February 24, 2018.