Barry Shin - Sep 14, 2021 Form 4 Insider Report for TREVENA INC (TRVN)

Role
Chief Financial Officer
Signature
Barry Shin
Stock symbol
TRVN
Transactions as of
Sep 14, 2021
Transactions value $
$0
Form type
4
Date filed
9/16/2021, 06:10 PM
Previous filing
Jun 25, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRVN Common Stock Award $0 +27.5K +5.13% $0.00 563K Sep 14, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRVN Stock Option (Right to Buy) Award $0 +41.3K $0.00 41.3K Sep 14, 2021 Common Stock 41.3K $1.20 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 September 14, 2022, September 14, 2023, September 14, 2024 and September 14, 2025, 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 These RSUs and options were awarded in recognition of the Reporting Person's assumption of the additional role as Chief Compliance Officer.
F3 The options shall vest and become exercisable with respect to one-sixteenth of the total number of shares subject to the options 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.