4//SEC Filing
AKORN INC 4
Accession 0001171843-14-005277
CIK 0000003116operating
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 8:05 PM ET
Size
13.3 KB
Accession
0001171843-14-005277
Insider Transaction Report
Form 4
AKORN INCAKRX
Dick Timothy A
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2014-11-03$2.61/sh+61,111$159,500→ 184,099 total - Exercise/Conversion
Common Stock
2014-11-03$1.46/sh+61,111$89,222→ 245,210 total - Sale
Common Stock
2014-11-03$44.08/sh−122,222$5,387,546→ 122,988 total - Exercise/Conversion
Stock Option (right to buy)
2014-11-03−61,111→ 183,334 totalExercise: $2.61Exp: 2015-05-21→ Common Stock (61,111 underlying) - Exercise/Conversion
Stock Option (right to buy)
2014-11-03−61,111→ 0 totalExercise: $1.46Exp: 2015-02-22→ 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 $44.80 to $43.64 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 a 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
Issuer
AKORN INC
CIK 0000003116
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0000003116
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 8:05 PM ET
- Size
- 13.3 KB