Noah L. Rosenberg - 13 Aug 2021 Form 4 Insider Report for Travere Therapeutics, Inc. (TVTX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Aug 2021, 19:39:04 UTC
Prior SEC filing
29 Jul 2021
Next SEC filing
26 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Elizabeth E. Reed, Attorney-in-Fact

Key filing fact

Noah L. Rosenberg filed Form 4 for Travere Therapeutics, Inc. (TVTX) on 17 Aug 2021.

Key facts

  • This page summarizes Noah L. Rosenberg's Form 4 filing for Travere Therapeutics, Inc. (TVTX).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Aug 2021, 19:39.

Change

  • Previous filing in this sequence was filed on 29 Jul 2021.
  • Current net transaction value: -$24,085.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TVTX transaction

Common Stock

Award

Transaction value
$0
Shares
+4,500
Change %
+10%
Price
$0.000000
Shares after
49,021
Date
13 Aug 2021
Ownership
Direct
Footnotes
F1
TVTX transaction

Common Stock

Sale

Transaction value
$24,085
Shares
-1,407
Change %
-2.9%
Price
$17.12
Shares after
47,614
Date
17 Aug 2021
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On January 31, 2020, the reporting person was granted a performance restricted stock unit (PRSU) grant covering 9,000 shares of the Issuer's common stock, which vest upon the later of (i) 12 months from the date of grant and (ii) the achievement of specified clinical and regulatory development milestones. On August 13, 2021, a portion of the PRSUs vested upon the Issuer's confirmation of the satisfaction of a performance criterion related to the interim data read-out from the PROTECT study.

Footnote F2

Represents the number of shares required to be sold by the Reporting Person to cover the tax withholding obligation in connection with the settlement of vested performance restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the Reporting Person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the Reporting Person.

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