Company: TVRD
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001104659-25-014310
Chunk: 316

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: 424B3
Chunk 316
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 | 2,184 | ​ | ​ | ​ | ​            | ​ | 21 | ​ | ​ | ​ | ​                           | ​ | 183 | ​ | ​ | ​ | ​        | ​ | 2,388 | ​ | ​ |
| Ryan Maynard     | ​ | ​ | ​          | ​ |   860 | ​ | ​ | ​ | ​            | ​ |  0 | ​ | ​ | ​ | ​                           | ​ | 105 | ​ | ​ | ​ | ​        | ​ |   965 | ​ | ​ |
| Scott Terrillion | ​ | ​ | ​          | ​ |   860 | ​ | ​ | ​ | ​            | ​ |  3 | ​ | ​ | ​ | ​                           | ​ | 105 | ​ | ​ | ​ | ​        | ​ |   968 | ​ | ​ |

(1) For Mr. Posner, amount represents installment payments equal to 150% of the sum of Mr. Posner’s current base salary plus a lump sum payment equal to 100% of his target bonus for 2024 and 150% of his target bonus for 2025, which amounts are double trigger payments. For Mr. Maynard and Mr. Terrillion, amount represents installment payments equal to 100% of the sum of their respective current base salary 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 |   |           |   | ​ |
|:-----------------|:--|:--|:------------------------------------------------|:--|------:|:--|:--|:--|:-------------------------------------------|:--|-----:|:--|:--|:--|:------|:--|----------:|:--|