4//SEC Filing
Luthringer Remy 4
Accession 0001209191-23-026683
CIK 0001598646other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 6:15 PM ET
Size
9.9 KB
Accession
0001209191-23-026683
Insider Transaction Report
Form 4
Luthringer Remy
EVP and Head of R&D
Transactions
- Award
Common Stock
2023-04-28+88,077→ 96,388 total - Sale
Common Stock
2023-05-01$3.85/sh−23,753$91,449→ 72,635 total - Sale
Common Stock
2023-05-02$3.76/sh−3,641$13,690→ 68,994 total
Holdings
- 115,825(indirect: By Wint2felden Holding SA)
Common Stock
Footnotes (4)
- [F1]Represents shares earned upon the vesting of performance-based restricted stock units ("PRSUs"), representing 50% of the shares underlying the PRSUs. On April 28, 2023, the Compensation Committee of the Board of Directors of the Issuer certified the achievement of a performance condition, which occurs upon FDA acceptance of a new drug application for roluperidone.
- [F2]The sales reported in this Form 4 represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the settlement of the PRSUs.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.52 to $4.10 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 ranges set forth in footnotes (3) and (4).
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.56 to $3.90 inclusive.
Documents
Issuer
Minerva Neurosciences, Inc.
CIK 0001598646
Entity typeother
Related Parties
1- filerCIK 0001610384
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 6:15 PM ET
- Size
- 9.9 KB