Jack A. Khattar - 08 Nov 2024 Form 4 Insider Report for SUPERNUS PHARMACEUTICALS, INC. (SUPN)

Signature
/s/ Timothy C. Dec, as attorney-in-fact
Issuer symbol
SUPN
Transactions as of
08 Nov 2024
Transactions value $
-$3,395,000
Form type
4
Filing time
12 Nov 2024, 16:11:32 UTC
Previous filing
08 Nov 2024
Next filing
26 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUPN Common Stock Options Exercise $1.14M +125K +13.5% $9.13 1.05M 08 Nov 2024 Direct
transaction SUPN Common Stock Sale -$4.54M -125K -11.89% $36.29 926K 08 Nov 2024 Direct F1, F2
holding SUPN Common Stock 1.02M 08 Nov 2024 By the KBT Trust

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 SUPN Employee Stock Option (Right to Buy) Options Exercise $0 -125K -100% $0.00 0 08 Nov 2024 Common Stock 125K $9.13 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person exercised the options indicated herein and sold the underlying shares prior to the expiration of such options on March 3, 2025.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.87 to $36.66. The Reporting Person undertakes to provide to Supernus Pharmaceuticals, Inc. ("Supernus"), any security holder of Supernus, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F3 The option vested in four equal installments beginning on March 3, 2016.