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$HRTX All transactions

HERON THERAPEUTICS, INC. /DE/

C

$ Value

$0

Shares

94,610

Price

$0

Filed

Oct 17

Insider

Name

Rubric Capital Management LP

Title

CIK

0001687509

Roles

10% Owner

Transaction Details

Transaction Date

2025-10-15

Code

C

Table

Derivative

Ownership

Indirect

Equity Swap

No

Shares After

Footnotes

The Preferred Shares automatically converted into Common Stock pursuant to their terms at a conversion price of $1.50. | This Form 4 is filed by Rubric Capital Management LP ("Rubric Capital") and Mr. David Rosen, with respect to the securities held by certain funds and/or accounts (collectively, the "Rubric Vehicles"). Rubric Capital serves as the investment adviser to the Rubric Vehicles. Mr. David Rosen serves as the Managing Member of Rubric Capital Management GP, LLC, the general partner of Rubric Capital. | The filing of this statement shall not be deemed an admission that any Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. | The Notes are restated here to correct the maturity date thereof as reported in the Form 4 filed by the Reporting Persons on August 12, 2025. | The Notes convert at an initial conversion rate of 555.5556 per $1,000 principal amount of Notes, subject to adjustment as set forth in that certain Note Purchase Agreement, dated as of August 8, 2025, by and between the Company, the purchasers from time to time party hereto, and Rubric Capital Management LP, as agent for the purchasers. Conversions of the Notes are settled, at the election of the Company, in cash, shares of Common Stock, or a combination of cash and shares of Common Stock. The Notes bear cash interest at a rate of 5.0% per year until maturity, provided that the Company has the right to pay all accrued and unpaid interest prior to September 1, 2026 in new Notes at a rate of 7.0% per year. | The Notes are convertible after December 31, 2025. The Notes mature on March 1, 2031.

Filing Info

Accession No.

0000902664-25-004459

Form Type

4

Issuer CIK

0000818033

Rubric Capital Management LP's History

Date Ticker Type Value
2025-10-15 HRTX C
2025-10-15 HRTX C $0
2025-08-13 COLL $946K
2025-08-08 HRTX $3.6M
2025-08-08 HRTX
2025-08-08 HRTX $1.4M
2025-06-27 TLN $2.3M
2025-06-27 TLN $694K
2025-06-27 TLN $3.6M
2025-06-27 TLN $15.3M

Other Insiders at HRTX (90d)

Insider Bought Sold Last
Forbes William P
EVP, Chief Development Officer
2026-04-19
Collard Craig A
Chief Executive Officer
2026-04-19
Johnson Craig A 2026-01-30
Duarte Ira
EVP, Chief Financial Officer
2026-04-19
Christian Waage 2026-01-30
Kaseta Michael 2026-01-30
Dissanaike Sharmila 2026-01-30
Morgan Adam 2026-01-30
Hensley Mark Earl
Chief Operating Officer
2026-01-30
Cusack Thomas 2026-01-30