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TherapeuticsMD, Inc. Director's Dealing 2018

Sep 13, 2018

35134_dirs_2018-09-12_bcfdc979-f969-4940-8882-0b9d350f7817.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TherapeuticsMD, Inc. (TXMD)
CIK: 0000025743
Period of Report: 2018-09-10

Reporting Person: Milligan John C.K. IV (Director, President/Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-09-10 Common Stock M 125000 $0.1018 Acquired 1597419 Direct
2018-09-10 Common Stock S 125000 $6.065 Disposed 1472419 Direct
2018-09-11 Common Stock M 125000 $0.1018 Acquired 1597419 Direct
2018-09-11 Common Stock S 125000 $6.126 Disposed 1472419 Direct
2018-08-23 Common Stock G 434814 Disposed 0 Indirect
2018-08-23 Common Stock G 434814 Acquired 434814 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-09-10 Non-Qualified Stock Option (right to buy) $0.1018 M 125000 Disposed 2019-01-01 Common Stock (125000) Direct
2018-09-11 Non-Qualified Stock Option (right to buy) $0.1018 M 125000 Disposed 2019-01-01 Common Stock (125000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3557373 Indirect

Footnotes

F1: The sales were made pursuant to the Reporting Person's 10b5-1 trading plan with respect to shares of Common Stock underlying options to purchase Common Stock that expire on or before January 1, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.93 to $6.245, inclusive. The reporting person undertakes to provide TherapeuticsMD, Inc. (the "Company"), any security holder of the Company, 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.03 to $6.22, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, 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.

F4: By the Reporting Person's Grantor-Retained Annuity Trust (the "GRAT").

F5: By the Milligan Irrevocable Nonexempt Trust - 2014. These securities are held in a trust for the benefit of the Reporting Person's spouse and children. The Reporting Person disclaims beneficial ownership of these securities and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F6: Includes 569,850 shares of Common Stock previously reported as being held indirectly by the GRAT.

F7: By John C.K. Milligan Revocable Trust U/A 08/10/2009, as amended.