Initial Statement of Beneficial Ownership (3)
21 Junio 2021 - 4:19PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Zeronda Tyler |
2. Date of Event Requiring Statement (MM/DD/YYYY)
6/18/2021
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3. Issuer Name and Ticker or Trading Symbol
VYNE Therapeutics Inc. [VYNE]
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(Last)
(First)
(Middle)
C/O VYNE THERAPEUTICS, INC., 520 U.S. HIGHWAY 22, SUITE 204 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) Interim CFO / |
(Street)
BRIDGEWATER, NJ 08807
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 23395 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option | (2) | 5/16/2029 | Common Stock | 13504 | $5.92 | D | |
Stock Option | (3) | 3/19/2030 | Common Stock | 4375 | $10.68 | D | |
Stock Option | (4) | 5/6/2030 | Common Stock | 9375 | $7.80 | D | |
Stock Option | (5) | 3/4/2031 | Common Stock | 18834 | $6.68 | D | |
Explanation of Responses: |
(1) | This amount includes 18,853 shares underlying unvested restricted stock units that will vest over four years following the date of grant. |
(2) | The shares subject to the option vest over a period of 4 years. 25% of the shares subject to the option vested on June 30, 2020 and 6.25% of the shares vest on the last day of each quarter thereafter. |
(3) | The shares subject to the option vest over a period of 4 years. 25% of the shares subject to the option vested on March 31, 2021 and 6.25% of the shares will vest on the last day of each quarter thereafter. |
(4) | The shares subject to the option vest over a period of 4 years. 25% of the shares subject to the option will vest on June 30, 2021 and 6.25% of the shares will vest on the last day of each quarter thereafter. |
(5) | The shares subject to the option vest over a period of 4 years. 25% of the shares subject to the option will vest on March 31, 2022 and 6.25% of the shares will vest on the last day of each quarter thereafter. |
Remarks: The reporting person was not granted any additional awards in connection with his appointment as interim CFO of the Issuer. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Zeronda Tyler C/O VYNE THERAPEUTICS, INC. 520 U.S. HIGHWAY 22, SUITE 204 BRIDGEWATER, NJ 08807 |
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| Interim CFO |
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Signatures
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/s/ Mutya Harsch, attorney-in-fact for Tyler Zeronda | | 6/21/2021 |
**Signature of Reporting Person | Date |
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