Accession Number: | 0001209191-23-012924 |
Date: | 2023-02-22 |
Issuer: | HERON THERAPEUTICS, INC. /DE/ (HRTX) |
Original Submission Date: |
MORGAN ADAM
4242 CAMPUS POINT COURT, SUITE 200
SAN DIEGO, CA 92121
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2023-02-22 | A | 37,879 | a | $0.00 | 37,879 | direct | ||
COMMON STOCK | 2023-02-22 | 0 | $0.00 | 4,500,000 | indirect |
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 Exercisable | Expiration 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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTION (RIGHT TO BUY) | 2.7 | 2023-02-22 | deemed execution date | A | 227,272 (a) | 2033-02-22 | common stock 227,272 | $2.70 | 227,272 | direct |
ID | footnote |
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f1 | the shares were granted as restricted stock units which vest in 16 equal quarterly installments beginning three months after the date of grant (02/22/2023). |
f2 | mr. morgan disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that mr. morgan is the beneficial owner of such securities for purposes of section 16 or for any other purpose. |
f3 | securities owned directly by velan capital master fund lp ("velan master"). mr. morgan, as a managing member of each of velan capital holdings llc, the general partner of velan master, and velan capital management llc, the general partner of the investment manager of velan master, may be deemed to beneficially own the securities owned directly by velan master. |
f4 | the stock option vests and becomes exercisable in 48 equal monthly installments beginning one month after the date of grant (02/22/2023). |