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4//SEC Filing

EMIGH JAMES F 4

Accession 0001144204-18-064916

CIK 0000786947other

Filed

Dec 16, 7:00 PM ET

Accepted

Dec 17, 4:20 PM ET

Size

8.8 KB

Accession

0001144204-18-064916

Insider Transaction Report

Form 4
Period: 2018-12-11
EMIGH JAMES F
VP Marketing & Administration
Transactions
  • Award

    Restricted Stock Unit

    2018-12-11+60,00060,000 total
    Exercise: $0.01Common Stock (60,000 underlying)
  • Award

    Stock Option

    2018-12-11+20,00020,000 total
    Exercise: $0.15From: 2019-12-11Exp: 2023-12-11Common Stock (20,000 underlying)
Footnotes (7)
  • [F1]Awarded under the Acura Pharmaceuticals Inc. 2017 Restricted Stock Unit Award Plan (the "Plan").
  • [F2]Par value of $.01 must be paid by Reporting Person upon exchange of Restricted Stock Units for stock.
  • [F3]100% of Restricted Stock Units vest on December 11, 2019 or earlier if Reporting Person's service as an employee of Issuer is terminated by Issuer without Cause (as defined in the Plan) or due to Reporting Person's death or Disability (as defined in the Plan) or a qualifying change of control occurs. Distributions in respect of 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.
  • [F4]Not Applicable.
  • [F5]Awarded under the Acura Pharmaceuticals Inc. 2016 Stock Option Plan.
  • [F6]Exercise price is closing price of Issuer's common stock on December 11, 2018.
  • [F7]Option vesting and exercisability is accelerated upon a qualifying change of control.

Issuer

ACURA PHARMACEUTICALS, INC

CIK 0000786947

Entity typeother
IncorporatedNY

Related Parties

1
  • filerCIK 0001107934

Filing Metadata

Form type
4
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:20 PM ET
Size
8.8 KB