Badri N. Dasu - 14 Feb 2024 Form 4 Insider Report for TALPHERA, INC. (TLPH)

Role: Chief Engineering Officer
Signature: /s/Martha Adler, Attorney-In-Fact
Issuer symbol: TLPH
Transactions as of: 14 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 27 Feb 2024, 21:04:23 UTC
Previous filing: 13 Feb 2024
Next filing: 04 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TLPH	Common Stock	Award	$0	+14,667	+86%	$0.000000	31,820	14 Feb 2024	Direct	F1

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	TLPH	Stock Option (Right to Buy)	Award	$0	+88,000		$0.000000	88,000	14 Feb 2024	Common Stock	88,000	$1.03	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units shall vest in three equal consecutive annual installments on February 14, 2025, February 14, 2026 and February 14, 2027.
F2	On February 14, 2024, the reporting person was granted an option to purchase 88,000 shares of common stock. One fourth (1/4th) of the option shares shall vest on the one year anniversary of the grant date, and the remaining balance of the option shares shall vest in 36 equal consecutive monthly installments thereafter until fully vested so long as the reporting person remains in continuous service through such applicable vesting periods.

Content

The restricted stock units shall vest in three equal consecutive annual installments on February 14, 2025, February 14, 2026 and February 14, 2027.

On February 14, 2024, the reporting person was granted an option to purchase 88,000 shares of common stock. One fourth (1/4th) of the option shares shall vest on the one year anniversary of the grant date, and the remaining balance of the option shares shall vest in 36 equal consecutive monthly installments thereafter until fully vested so long as the reporting person remains in continuous service through such applicable vesting periods.