Tucker John H 4
4 · scPharmaceuticals Inc. · Filed Oct 11, 2022
Insider Transaction Report
Form 4
Tucker John H
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2022-10-07$4.98/sh−10,288$51,234→ 78,924 total - Exercise/Conversion
Common Stock
2022-10-07+42,250→ 89,212 total - Exercise/Conversion
Restricted Stock Units
2022-10-07−42,250→ 0 total→ Common Stock (42,250 underlying) - Award
Stock Option (right to buy)
2022-10-07+42,250→ 42,250 totalExercise: $3.25Exp: 2029-02-25→ Common Stock (42,250 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The shares reported as disposed were withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person related to the vesting of restricted stock units.
- [F3]On February 25, 2019, the Reporting Person was granted 84,500 restricted stock units (the "RSUs"). One half (1/2) of the RSUs previously vested upon the Issuer's submission of a New Drug Application ("NDA") for its product candidate, FUROSCIX, and the remaining one half (1/2) shall vest upon the Food & Drug Administration's (the "FDA") approval of the NDA. On October 7, 2022, the performance criteria for the second half of the grant was met and 42,250 shares vested. The RSUs have no expiration date.
- [F4]On February 25, 2019, the Reporting Person was granted an option to purchase 84,500 shares of common stock. One half (1/2) of the shares previously vested upon the Issuer's submission of an NDA for its product candidate, FUROSCIX, and the remaining one half (1/2) shall vest upon the FDA's approval of the NDA. On October 7, 2022, the performance criteria for the second half of the grant was met and 42,250 shares vested.