4//SEC Filing
CLEMENS PETER A 4
Accession 0001104659-21-001501
CIK 0000786947other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:10 PM ET
Size
12.1 KB
Accession
0001104659-21-001501
Insider Transaction Report
Form 4
CLEMENS PETER A
Senior VP and CFO
Transactions
- Exercise/Conversion
Common Stock
2021-01-04+49,334→ 410,711 total - Tax Payment
Common Stock
2021-01-04$0.21/sh−19,514$4,098→ 391,197 total - Exercise/Conversion
Restricted Stock Unit (2017 Plan)
2021-01-04+9,334→ 129,332 totalExercise: $0.01→ Common Stock (9,334 underlying) - Exercise/Conversion
Restricted Stock Unit (2017 Plan)
2021-01-04+40,000→ 89,332 totalExercise: $0.01→ Common Stock (40,000 underlying)
Footnotes (7)
- [F1]Represents exchange of restricted stock units.
- [F2]Par value of $.01 must be paid by Reporting Person upon exchange of Restricted Stock Units for stock.
- [F3]Does not include Restricted Stock Units.
- [F4]Not Applicable.
- [F5]28,000 Restricted Stock Units were granted on December 11, 2017 and were 100% vested on December 11, 2018. Distributions in respect of this vested Restricted Stock Units will be made in three equal installments on the first business day of each of January 2020, 2021, and 2022 or earlier upon a qualifying change of control which also meets certain criteria of Section 409A of the Internal Revenue Code.
- [F6]Shares of common stock of the Issuer withheld by the Issuer in satisfaction of the Reporting Person's par value purchase price and tax withholdings on the exchange of 49,334 Restricted Stock Units for common stock of the Issuer.
- [F7]120,000 Restricted Stock Units were granted on December 11, 2018 and were 100% vested on December 11, 2019. Distributions in respect of this vested Restricted Stock Units will be made in three equal installments on the first business day of each of January 2021, 2022, and 2023 or earlier upon a qualifying change of control which also meets certain criteria of Section 409A of the Internal Revenue Code.
Documents
Issuer
ACURA PHARMACEUTICALS, INC
CIK 0000786947
Entity typeother
Related Parties
1- filerCIK 0001056695
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:10 PM ET
- Size
- 12.1 KB