Form Type: 4

SEC EDGAR Link
Accession Number:0001387131-21-007115
Date:2021-07-01
Issuer: THERAPEUTICSMD, INC. (TXMD)
Original Submission Date:

Reporting Person:

DARECCA JAMES
951 YAMATO ROAD, SUITE 220
BOCA RATON, FL 33431

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PERFORMANCE STOCK UNITS 0.0 2021-07-01 deemed execution date A 346,667 (a) common stock 346,667 $0.00 346,667 direct
RESTRICTED STOCK UNITS 0.0 2021-07-01 deemed execution date A 173,333 (a) common stock 173,333 $0.00 173,333 direct
Footnotes
IDfootnote
f1 one half of the performance stock units (psus) vest based on the issuer achieving certain revenue milestones over the period from 2021 through 2023, and one half of the psus vest based on the issuer achieving certain earnings before interest, taxes, depreciation and amortization (ebitda) milestones no later than december 31, 2023. in the event that any of the foregoing are not achieved, the corresponding portion of the psus will be forfeited. the number of psus listed is the base number of psus that may vest. the actual number of psus that will vest will be between zero and two times the base number of psus depending on the milestones achieved. in accordance with the terms of the issuer's 2019 stock incentive plan, no psus will vest prior to the one-year anniversary of the grant date. each psu represents a contingent right to receive one share of common stock of the issuer.
f2 each restricted stock unit (rsu) represents a contingent right to receive one share of common stock of the issuer. the rsus will vest in three equal installments annually beginning july 1, 2022, becoming fully vested on july 1, 2024.
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