4//SEC Filing
Nantahala Capital Management, LLC 4
Accession 0001104659-24-037346
CIK 0001427925other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 4:30 PM ET
Size
10.6 KB
Accession
0001104659-24-037346
Insider Transaction Report
Form 4
TALPHERA, INC.TLPH
Nantahala Capital Management, LLC
10% OwnerOther
Transactions
- Other
2024 Pre-Funded Warrants
2024-03-19+324,675→ 6,493,507 total(indirect: See Footnote)Exercise: $0.00From: 2024-01-24→ Common Stock (324,675 underlying)
Mack Daniel
10% OwnerOther
Transactions
- Other
2024 Pre-Funded Warrants
2024-03-19+324,675→ 6,493,507 total(indirect: See Footnote)Exercise: $0.00From: 2024-01-24→ Common Stock (324,675 underlying)
Harkey Wilmot B.
10% OwnerOther
Transactions
- Other
2024 Pre-Funded Warrants
2024-03-19+324,675→ 6,493,507 total(indirect: See Footnote)Exercise: $0.00From: 2024-01-24→ Common Stock (324,675 underlying)
Footnotes (3)
- [F1]On March 19, 2024, Nantahala Capital Management, LLC ("NCM") entered into a sub-advisory agreement with a client regarding its managed account, pursuant to which NCM acquired voting and investment power over certain securities owned by the client, including Warrants (as defined below) to purchase 324,675 shares of Common Stock at an exercise price of $0.001 per share, subject to a contractual prohibition on any exercise if the Reporting Persons (as defined below) or certain related persons would then beneficially own more than 9.99% of the number of shares of Common Stock outstanding.
- [F2]These Warrants (as defined below) are exercisable indefinitely.
- [F3]NCM, an investment adviser to certain private funds and managed accounts (the "NCM Investors") that hold shares of Common Stock and certain derivative securities related thereto (the "Derivatives"), including the warrants to purchase Common Stock disclosed in this Form 4 ("Warrants"), may be deemed a beneficial owner of such Warrants. Each of Mr. Wilmot B. Harkey and Mr. Daniel Mack may be deemed a beneficial owner of the Warrants beneficially owned by NCM. Each of NCM, Mr. Harkey and Mr. Mack (the "Reporting Persons") disclaims beneficial ownership of the Warrants disclosed herein except to the extent of their respective pecuniary interests therein.
Documents
Issuer
TALPHERA, INC.
CIK 0001427925
Entity typeother
IncorporatedMA
Related Parties
1- filerCIK 0001472322
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 4:30 PM ET
- Size
- 10.6 KB