4//SEC Filing
AKORN INC 4
Accession 0001171843-14-005279
CIK 0000003116operating
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 8:06 PM ET
Size
5.8 KB
Accession
0001171843-14-005279
Insider Transaction Report
Form 4
AKORN INCAKRX
Silverberg Mark M
Exec.VP,Ops,Global QA&TechServ
Transactions
- Sale
Common Stock
2014-11-03$44.27/sh−24,311$1,076,248→ 183,109 total
Footnotes (3)
- [F1]On October 21, 2014, and pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014, the reporting person filed a Form 4 reporting that 72,491 shares had been sold to pay exercise price and taxes due upon exercise of options. It was subsequently determined that, due to an administrative error, this was an insufficient number of shares necessary to cover the required withholding tax obligation. Accordingly, an additional 24,311 shares of stock were sold pursuant to the reporting person's Rule 10b5-1 trading plan.
- [F2]Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $43.98 to $44.59 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 22,535 unvested shares subject to restricted stock awards and 160,574 shares owned outright.
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, 8:06 PM ET
- Size
- 5.8 KB