Company: TVRD
Filing Date: 2025-02-14
Form Type: S-4/A
Source: 0001104659-25-013053
Chunk: 320

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: S-4/A
Chunk 320
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 plus target bonus for that year, which amounts are double trigger payments. (2) Pursuant to the Merger Agreement, the vesting of each equity award of the Cara named executive officers will fully accelerate on the Closing Date and thus constitute a single-trigger benefit. The total values in the table below for RSUs represent $5.29 multiplied by the number of shares of Cara common stock subject to the RSUs. Information regarding options is not included as the exercise price of all applicable unvested options is greater than $5.29.

| Name             | ​ | ​ | Number of CaraShares Subject toEquity Award (#) |   |       |   | ​ | ​ | Per Share Value ofExecutive EquityAward($) |   |      |   | ​ | ​ | Total |   |           |   | ​ |
|:-----------------|:--|:--|:------------------------------------------------|:--|------:|:--|:--|:--|:-------------------------------------------|:--|-----:|:--|:--|:--|:------|:--|----------:|:--|:--|
| Chris Posner     | ​ | ​ | ​                                               | ​ | 4,041 | ​ | ​ | ​ | ​                                          | ​ | 5.29 | ​ | ​ | ​ | ​     | $ | 21,376.89 | ​ | ​ |
| Ryan Maynard     | ​ | ​ | ​                                               | ​ |     0 | ​ | ​ | ​ | ​                                          | ​ | 5.29 | ​ | ​ | ​ | ​     | $ |         0 | ​ | ​ |
| Scott Terrillion | ​ | ​ | ​                                               | ​ |   555 | ​ | ​ | ​ | ​                                          | ​ | 5.29 | ​ | ​ | ​ | ​     | $ |  2,935.95 | ​ | ​ |

These amounts are single-trigger payments. (3) Amount represents the payment for accrued vacation and reimbursement of COBRA premiums for health benefit coverage in an amount equal to the monthly employer contribution that Cara would have made to provide health insurance to Mr. Posner, Mr. Maynard and Mr. Terrillion had the executive remained employed with Cara until 12 months following the date of termination, based on the costs of coverage and benefit elections in effect as of January 15, 2025. This amount represents 18 months of benefits allowance for Mr. Pos