AKORN INC 4

4 · AKORN INC · Filed Oct 22, 2014

Form 4

Period: 2014-10-21

Exec.VP,Ops,Global QA&TechServ

Transactions

Exercise/Conversion
Common Stock
2014-10-21$1.11/sh+50,000$55,500→ 119,911 total
Exercise/Conversion
Common Stock
2014-10-21$1.60/sh+50,000$80,000→ 169,911 total
Exercise/Conversion
Common Stock
2014-10-21$1.60/sh+35,000$56,000→ 204,911 total
Exercise/Conversion
Stock Options (Right to Buy)
2014-10-21−35,000→ 0 total
Exercise: $1.60Exp: 2014-11-19→ Common Stock (35,000 underlying)
Exercise/Conversion
Common Stock
2014-10-21$1.60/sh+75,000$120,000→ 279,911 total
Sale
Common Stock
2014-10-21$40.00/sh−72,491$2,899,640→ 207,420 total
Exercise/Conversion
Stock Options (Right to Buy)
2014-10-21−50,000→ 0 total
Exercise: $1.11Exp: 2019-05-26→ Common Stock (50,000 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2014-10-21−50,000→ 0 total
Exercise: $1.60Exp: 2014-11-19→ Common Stock (50,000 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2014-10-21−75,000→ 0 total
Exercise: $1.60Exp: 2014-11-19→ Common Stock (75,000 underlying)

Footnotes (8)

[F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014.
[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 22,535 unvested shares subject to a restricted stock awards and 184,885 shares owned outright.
[F4]The option vested in three annual installments with 16,666 options vesting on May 26, 2010, and 16,667 options vesting on each of May 26, 2011 and May 26, 2012.
[F5]The option vested in three annual installments with 16,666 options vesting on November 19, 2010, and 16,667 options vesting on each of November 19, 2011 and November 19, 2012.
[F6]The option vested in four annual installments with 8,750 vesting on each of November 19, 2009, November 19, 2010, November 19, 2011, and November 19, 2012.
[F7]The option vested in four annual installments with 18,750 vesting on each of November 19, 2009, November 19, 2010, November 19, 2011, and November 19, 2012
[F8]There was no consideration given in exchange for the security.

Documents

1 file