4//SEC Filing
Drake Patricia M. 4
Accession 0001062993-23-022691
CIK 0001429560other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 6:57 PM ET
Size
8.6 KB
Accession
0001062993-23-022691
Insider Transaction Report
Form 4
TREVENA INCTRVN
Drake Patricia M.
SVP, Chief Commercial Officer
Transactions
- Award
Common Stock
2023-12-14$0.61/sh+25,000$15,250→ 108,913 total - Tax Payment
Common Stock
2023-12-14$0.61/sh−1,835$1,119→ 107,078 total - Award
Common Stock
2023-12-14$0.61/sh+50,000$30,500→ 83,913 total
Footnotes (4)
- [F1]These shares are represented by restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock of the Issuer. The shares underlying the RSUs shall vest in four (4) equal annual installments on each of December 2, 2024, December 2, 2025, December 2, 2026 and December 2, 2027, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2013 Equity Incentive Plan, as amended) as of each such vesting date.
- [F2]Reflects the number of shares earned pursuant to the terms of a performance stock unit ("PSU") award granted on December 14, 2023 reflecting the achievement of the related performance conditions. The shares underlying the PSUs shall vest in four (4) equal annual installments on each of December 14, 2023, December 2, 2024, December 2, 2025 and December 2, 2026.
- [F3]The transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the non-reportable vesting and settlement of RSUs.
- [F4]These are shares withheld in connection with the non-reportable vesting and settlement of PSUs granted on December 14, 2023.
Issuer
TREVENA INC
CIK 0001429560
Entity typeother
Related Parties
1- filerCIK 0001865279
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 6:57 PM ET
- Size
- 8.6 KB