Applebaum Scott 4
4 · TREVENA INC · Filed Dec 18, 2020
Insider Transaction Report
Form 4
TREVENA INCTRVN
Applebaum Scott
CLCO; SVP Regulatory Affairs
Transactions
- Award
Common Stock
2020-12-17+115,200→ 365,200 total - Award
Stock Option (Right to Buy)
2020-12-17+172,750→ 172,750 totalExercise: $2.25Exp: 2030-12-17→ Common Stock (172,750 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.