Filing Details

Accession Number:
0001595585-19-000015
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-01-30 20:17:58
Reporting Period:
2019-01-28
Accepted Time:
2019-01-30 20:17:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1595585 Tricida Inc. TCDA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1283972 Dr R Klaus Veitinger 7000 Shoreline Court
Suite 201
South San Francisco CA 94080
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-01-28 2,000 $0.80 41,436 No 4 M Direct
Common Stock Disposition 2019-01-28 2,000 $20.29 39,436 No 4 S Direct
Common Stock Disposition 2019-01-28 2,000 $20.32 93,444 No 4 S Indirect By Sigrun R. Veitinger 2016 Irrevocable Trust
Common Stock Disposition 2019-01-28 2,000 $20.33 93,444 No 4 S Indirect By Klaus R. Veitinger 2016 Children's Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Indirect By Sigrun R. Veitinger 2016 Irrevocable Trust
No 4 S Indirect By Klaus R. Veitinger 2016 Children's Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2019-01-28 2,000 $0.80 2,000 $0.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
42,000 2025-03-08 No 4 M Direct
Footnotes
  1. Includes 3,632 shares of restricted stock units ("RSUs") that vest on the earlier of (i) the one-year anniversary of June 27, 2018 (the "Grant Date") and (ii) the Issuer's next regularly scheduled annual meeting of stockholders that occurs following the Grant Date (the "Next Annual Meeting"), subject to the reporting person's continuous service as a non-employee director through such vesting date. Each RSU represents a contingent right to receive one share of Common Stock.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2018.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.01 to $20.65, inclusive. The reporting person undertakes to provide to Tricida, Inc., any security holder of Tricida, Inc., 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 (5) to this Form 4.
  4. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's trust on November 21, 2018.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.01 to $20.75, inclusive.
  6. A third party serves as trustee for these trusts. The Reporting Person disclaims beneficial ownership of the shares of common stock reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  7. This option vested 25% on March 1, 2016, and the remaining 75% vests in 36 substantially equal monthly installments thereafter, subject to reporting person's continuous service as of each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the issuer's right of repurchase.