4//SEC Filing
Tross Stuart A 4
Accession 0000950170-24-063263
CIK 0000899460other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 9:00 PM ET
Size
8.4 KB
Accession
0000950170-24-063263
Insider Transaction Report
Form 4
MANNKIND CORPMNKD
Tross Stuart A
Chief People & Workpl Officer
Transactions
- Tax Payment
Common Stock, $0.01 Par Value
2024-05-18$4.59/sh−6,130$28,137→ 1,154,938 total - Tax Payment
Common Stock, $0.01 Par Value
2024-05-17$4.59/sh−62,056$284,837→ 1,161,068 total - Award
Common Stock, $0.01 Par Value
2024-05-17$4.59/sh+77,420$355,358→ 1,223,124 total
Footnotes (2)
- [F1]A previously reported restricted stock unit award granted on May 18, 2021 vested on May 17, 2024 upon the achievement of performance objectives established by MannKind's compensation committee at the time of the approval of the award. Specifically, (i) the closing price of MannKind's common stock on May 17, 2024 was not less than the closing price on May 17, 2021 and (ii) MannKind's total shareholder return (TSR) over the period from May 18, 2021 to May 17, 2024 was at the 74.5th percentile of the TSR of the Russell 3000 Pharmaceutical & Biotechnology Index over the same period. As a result, the performance objective was achieved at 198% of target, resulting in a total share delivery of 156,420 shares. The acquisition of 79,000 shares pursuant to the restricted stock award was reported in Table I of the Form 4 filed by the Reporting Person on May 18, 2021.
- [F2]Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3 incident to the vesting of previously reported restricted stock units.
Documents
Issuer
MANNKIND CORP
CIK 0000899460
Entity typeother
Related Parties
1- filerCIK 0001589641
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 9:00 PM ET
- Size
- 8.4 KB