WESSON BRUCE F 4
4 · ACURA PHARMACEUTICALS, INC · Filed May 28, 2021
Insider Transaction Report
Form 4
WESSON BRUCE F
Director
Transactions
- Award
Restricted Stock Units (2021 Plan)
2021-05-25+66,666→ 66,666 total→ Common Stock (66,666 underlying)
Footnotes (4)
- [F1]Par value of $.01 per share must be paid by Reporting Person upon exchange of Restricted Stock Units for stock.
- [F2]1 - for - 1
- [F3]N/A
- [F4]50% of Restricted Stock Units vest on the last day of June 2021, while 25% of Restricted Stock Units vest on the last day of September 2021 and December 2021, subject to immediate vesting in the event of a change of control and certain other events. Reporting Person may elect to exchange up to 40% of Restricted Stock Units for cash and the remaining Restricted Stock Units will be exchanged on a one for one basis for common stock, in each case upon payment of, or deduction of par value. Distributions in respect of vested Restricted Stock Units will be made on the first business day of January 2022, or earlier upon a change of control.