4//SEC Filing
Seiser Robert A 4
Accession 0001104659-21-001505
CIK 0000786947other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:11 PM ET
Size
12.2 KB
Accession
0001104659-21-001505
Insider Transaction Report
Form 4
Seiser Robert A
VP, Controller & Treasurer
Transactions
- Exercise/Conversion
Common Stock
2021-01-04+24,667→ 351,824 total - Exercise/Conversion
Restricted Stock Unit (2017 Plan)
2021-01-04+4,667→ 64,666 totalExercise: $0.01→ Common Stock (4,667 underlying) - Tax Payment
Common Stock
2021-01-04$0.21/sh−10,686$2,244→ 341,138 total - Exercise/Conversion
Restricted Stock Unit (2017 Plan)
2021-01-04+20,000→ 49,333 totalExercise: $0.01→ Common Stock (20,000 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]14,000 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 24,667 Restricted Stock Units for common stock of the Issuer.
- [F7]60,000 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 0001416145
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:11 PM ET
- Size
- 12.2 KB