Home/Filings/4/0000950170-25-012043
4//SEC Filing

Morgan Adam 4

Accession 0000950170-25-012043

CIK 0000818033other

Filed

Feb 2, 7:00 PM ET

Accepted

Feb 3, 9:17 AM ET

Size

23.8 KB

Accession

0000950170-25-012043

Insider Transaction Report

Form 4
Period: 2025-01-30
Morgan Adam
Director
Transactions
  • Award

    Stock Option (Right to Buy)

    2025-01-30$1.73/sh+35,900$62,10735,900 total
    Exercise: $1.73Exp: 2035-01-30Common Stock (35,900 underlying)
  • Award

    Common Stock

    2025-01-30+17,95069,777 total
Holdings
  • Common Stock

    (indirect: By Velan Capital Master Fund LP)
    6,986,744
Footnotes (3)
  • [F1]The shares were granted as restricted stock units which vest in full on January 30, 2026. Each restricted stock unit represents a contingent right to receive one share of common stock.
  • [F2]Securities owned directly by Velan Capital Master Fund LP ("Velan Master"). Mr. Morgan, as a managing member of each of Velan Capital Holdings LLC, the general partner of Velan Master, and Velan Capital Management LLC, the general partner of the investment manager of Velan Master, may be deemed to beneficially own the securities owned directly by Velan Master. Mr. Morgan disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Morgan is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  • [F3]The stock options vest and become exercisable in 12 equal monthly installments beginning one month after the date of grant.

Issuer

HERON THERAPEUTICS, INC. /DE/

CIK 0000818033

Entity typeother

Related Parties

1
  • filerCIK 0001964335

Filing Metadata

Form type
4
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 9:17 AM ET
Size
23.8 KB