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Cidara Therapeutics, Inc. — Director's Dealing 2021
Apr 6, 2021
31535_dirs_2021-04-05_72ccbc05-d835-4e37-8609-bf5379a8df66.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cidara Therapeutics, Inc. (CDTX)
CIK: 0001610618
Period of Report: 2021-01-05
Reporting Person: Abdollahian Neil (Chief Business Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-05 | Common Stock | S | 2868 | $2.06 | Disposed | 55440 | Direct |
| 2021-03-31 | Common Stock | A | 3500 | — | Acquired | 58940 | Direct |
| 2021-04-01 | Common Stock | S | 1469 | $2.66 | Disposed | 57471 | Direct |
Footnotes
F1: Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs on 1/1/21. These sales are mandated by the Reporting Person's election to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
F2: The reporting person was previously granted a performance restricted stock unit (PRSU) to vest upon the achievement of a certain milestone event that occurred on 3/31/21.
F3: Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of PRSUs on 03/31/21. These sales are mandated by the Reporting Person's election to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.