Company: TVRD
Filing Date: 2025-01-27
Form Type: S-4/A
Source: 0001104659-25-006050
Chunk: 619

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-01-27
Form: S-4/A
Chunk 619
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2021  |     |         2,499 |     |           167 | (5)​ |   247.08 |     | 3/30/2031  |     |              — | ​    |          — |   |
|                                       |   | 2/25/2022  |     |         2,361 |     |           971 | (5)​ |   125.52 |     | 2/25/2032  |     |            555 | (6)​ |   3,396.60 |   |
|                                       |   | 3/1/2023   |     |         2,953 |     |         3,796 | (5)​ |   120.72 |     | 3/1/2033   |     |              — |      |          — |   |

| (1) | Awards in this column consist of time-based RSUs that were unvested as of December 31, 2024. |

| (2) | The market value is based on the closing price of Cara’s common stock as of December 31, 2024 of $6.12 per share. |

| (3) | 25% of the shares underlying the option vested on the first anniversary of the date of grant, with the remainder vesting in 12 equal quarterly installments thereafter, subject to the named executive officer’s continuous service through each such date. |

| (4) | These time-based RSUs will vest in 12 equal quarterly installments through October 29, 2025, subject to the named executive officer’s continuous service as of each vesting date. |

| (5) | Shares underlying these stock options vest monthly over a four-year period from the grant date, subject to the named executive officer’s continuous service through each such date. |

| (6) | These time-based RSUs vest in three equal annual installments on the first, second and third anniversary following date of the grant, subject to the named executive officer’s continuous employment with the Company. |

| (7) | Shares underlying these stock options vest over a four-year period as follows: 25% of the shares underlying the option vest on the first anniversary of the date of grant, with the remainder vesting in equal monthly installments over the 36 months thereafter, subject to the named executive officer’s continuous service through each such date. |

401(k) Plan