Demitrack Mark 4
4 · TREVENA INC · Filed Dec 18, 2020
Insider Transaction Report
Form 4
TREVENA INCTRVN
Demitrack Mark
Acting CMO
Transactions
- Award
Common Stock
[F1]2020-12-17+172,700→ 444,181 total - Award
Stock Option (Right to Buy)
[F2]2020-12-17+259,100→ 259,100 totalExercise: $2.25Exp: 2030-12-17→ Common Stock (259,100 underlying)
Footnotes (2)
- [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 17, 2021, December 17, 2022, December 17, 2023 and December 17, 2024, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2013 Equity Incentive Plan, as amended (the "Plan")) as of each such vesting date.
- [F2]The option shall vest and become exercisable with respect to one-sixteenth of the total number of shares subject to the option on a quarterly basis (every three months) from the Transaction Date listed above, subject to the Reporting Person's Continuous Service (as defined in the Plan) as of each such vesting date.
Signature
/s/ Joel Solomon, Attorney-in-Fact|2020-12-18