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4//SEC Filing

AKORN INC 4

Accession 0001171843-14-004630

CIK 0000003116operating
View on SEC.govCompany Profile

Filed

Oct 2, 8:00 PM ET

Accepted

Oct 3, 5:12 PM ET

Size

13.3 KB

Accession

0001171843-14-004630

Insider Transaction Report

Form 4
Period: 2014-10-01
AKORN INCAKRX
Dick Timothy A
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Stock Option (right to buy)

    2014-10-01−61,111→ 61,111 total
    Exercise: $1.46Exp: 2015-02-22→ Common Stock (61,111 underlying)
  • Exercise/Conversion

    Common Stock

    2014-10-01$2.61/sh+61,111$159,500→ 184,099 total
  • Exercise/Conversion

    Common Stock

    2014-10-01$1.46/sh+61,111$89,222→ 245,210 total
  • Sale

    Common Stock

    2014-10-01$35.24/sh−122,222$4,307,103→ 122,988 total
  • Exercise/Conversion

    Stock Option (right to buy)

    2014-10-01−61,111→ 244,445 total
    Exercise: $2.61Exp: 2015-05-21→ Common Stock (61,111 underlying)
Footnotes (6)
  • [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2014.
  • [F2]Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $33.65 to $36.17 per share. The reporting person will provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at separate prices within the foregoing range.
  • [F3]Amount of Shares Beneficially Owned Following Reported Transaction includes 45,789 unvested shares subject to restricted stock awards and 77,199 shares owned outright.
  • [F4]The option vested in three annual installments with 122,222 options vesting on each of May 21, 2011 and May 21, 2012, and 122,223 options vesting on May 21, 2013.
  • [F5]The option vested in three annual installments with 61,111 vesting on each of February 22, 2011, February 22, 2012 and February 22, 2013.
  • [F6]There was no consideration given in exchange for the security.

Documents

1 file

Issuer

AKORN INC

CIK 0000003116

→
Entity typeoperating
IncorporatedLA

Related Parties

1
  • filerCIK 0000003116

Filing Metadata

Form type
4
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 5:12 PM ET
Size
13.3 KB
View on SEC.gov