John H. Tucker - Oct 7, 2025 Form 4 Insider Report for scPharmaceuticals Inc. (SCPH)

Signature
/s/ Rachael Nokes, Attorney-in-fact for John H. Tucker
Stock symbol
SCPH
Transactions as of
Oct 7, 2025
Transactions value $
$0
Form type
4
Date filed
10/7/2025, 04:30 PM
Previous filing
Feb 12, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Tucker John H President and CEO, Director C/O SCPHARMACEUTICALS INC, 25 BURLINGTON MALL ROAD, SUITE 203, BURLINGTON /s/ Rachael Nokes, Attorney-in-fact for John H. Tucker 2025-10-07 0001303480

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCPH Common Stock Disposition pursuant to a tender of shares in a change of control transaction -122K -27.75% 319K Oct 7, 2025 Direct F1, F2
transaction SCPH Common Stock Disposed to Issuer -319K -100% 0 Oct 7, 2025 Direct F3

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 SCPH Stock Option (Right to Buy) Disposed to Issuer $0 -300K -100% $0.00 0 Oct 7, 2025 Common Stock 300K $3.34 Direct F4
transaction SCPH Stock Option (Right to Buy) Disposed to Issuer $0 -84.5K -100% $0.00 0 Oct 7, 2025 Common Stock 84.5K $3.25 Direct F4
transaction SCPH Stock Option (Right to Buy) Disposed to Issuer $0 -249K -100% $0.00 0 Oct 7, 2025 Common Stock 249K $4.31 Direct F4
transaction SCPH Stock Option (Right to Buy) Disposed to Issuer $0 -497K -100% $0.00 0 Oct 7, 2025 Common Stock 497K $3.81 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John H. Tucker is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the terms of an Agreement and Plan of Merger, dated as of August 24, 2025 (as amended, the "Merger Agreement"), by and among the Issuer, MannKind Corporation ("Parent") and Seacoast Merger Sub, Inc., a direct wholly owned subsidiary of Parent ("Purchaser"), Purchaser completed a tender offer for shares of the Issuer's Common Stock. Tendering stockholders received per share consideration of $5.35 in cash per share, subject to any applicable withholding taxes and without interest thereon, plus one non-tradable contingent value right ("CVR") per share, representing the right to receive one contingent payment of $1.00, in cash,
F2 (Continued from footnote 1) subject to any applicable withholding taxes and without interest thereon, upon achievement of the specified milestone. After completion of the tender offer, Purchaser merged with and into the Issuer (the "Merger"), effective as of October 7, 2025 (the "Effective Time"), with the Issuer continuing as the surviving entity and a wholly owned subsidiary of Parent.
F3 Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time, each time-based restricted stock unit award with respect to shares that is, at the time of determination, subject to vesting or forfeiture conditions ("RSU Award") that is outstanding as of immediately prior thereto, shall (a) accelerate and become fully vested, and (b) by virtue of the Merger automatically (except as otherwise provided in the Merger Agreement) and without any action on the part of the Issuer, Parent or the holder thereof, be canceled and terminated and converted into the right to receive (i) an amount in cash equal to the product of the number of shares underlying such RSU Award immediately prior to the Effective Time multiplied by $5.35, subject to any applicable withholding taxes and without interest thereon plus (ii) one CVR with respect to each share subject to such RSU Award immediately prior to the Effective Time.
F4 Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time, each option to purchase Shares (a "Company Option") that is outstanding and unexercised as of immediately prior to the Effective Time and that that has an exercise price per share that is less than $5.35, whether or not then vested or exercisable, was cancelled and converted into the right to receive (i) an amount in cash, without interest and subject to any applicable withholding taxes, equal to (A) the total number of shares subject to such Company Option immediately prior to such cancellation multiplied by (B) the excess, if any, of (x) $5.35 over (y) the exercise price payable per share underlying such Company Option and (ii) one CVR in respect of each Share subject to such Company Option.