MANHARD KIMBERLY 4
4 · HERON THERAPEUTICS, INC. /DE/ · Filed Jan 20, 2023
Insider Transaction Report
Form 4
MANHARD KIMBERLY
Director
Transactions
- Award
Performance Stock Units
2023-01-18+149,365→ 149,365 totalExercise: $0.00→ Common Stock (149,365 underlying)
Footnotes (1)
- [F1]On July 25, 2022, the Compensation Committee of the Issuer (the "Committee") granted the Reporting Person Performance Stock Units ("PSUs"), the vesting of which was subject to the achievement of certain corporate performance goals and time-based vesting. On January 18, 2023, the Committee determined that certain performance goals of the PSUs had been achieved. The PSUs are further subject to a time-based vesting schedule. The PSUs will vest in full on the first anniversary of the grant date subject to continued employment through such date. Upon vesting and settlement of the PSUs, the Reporting Person will receive a number of shares of common stock of the Issuer equal to the number of PSUs that have vested.