4//SEC Filing
AKORN INC 4
Accession 0001171843-14-004276
CIK 0000003116operating
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 9:05 PM ET
Size
9.8 KB
Accession
0001171843-14-004276
Insider Transaction Report
Form 4
AKORN INCAKRX
Dick Timothy A
Chief Financial Officer
Transactions
- Award
Common Stock
2014-09-05$38.16/sh+40,010$1,526,782→ 67,988 total - Exercise/Conversion
Common Stock
2014-09-08$1.00/sh+100,000$100,000→ 167,988 total - Sale
Common Stock
2014-09-08$37.61/sh−45,000$1,692,450→ 122,988 total - Exercise/Conversion
Stock Options (Right to Buy)
2014-09-08−100,000→ 0 totalExercise: $1.00From: 2009-06-12Exp: 2019-06-12→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]The award was in the form of a grant of restricted shares, which will vest in four equal installments on September 5, 2015, September 5, 2016, September 5, 2017 and September 5, 2018.
- [F2]Proceeds from the sale were used to pay exercise price and taxes due upon exercise of options.
- [F3]Amount of Shares Beneficially Owned Following Reported Transaction includes 45,789 unvested shares subject to a restricted stock award and 77,199 shares owned outright.
- [F4]There was no consideration given in exchange for the security.
Issuer
AKORN INC
CIK 0000003116
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0000003116
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 9:05 PM ET
- Size
- 9.8 KB