AKORN INC|4Dec 2, 4:08 PM ET

AKORN INC 4

4 · AKORN INC · Filed Dec 2, 2014

Form 4

Period: 2014-12-01

Chief Financial Officer

Transactions

Exercise/Conversion
Stock Option (right to buy)
2014-12-01−61,111→ 122,223 total
Exercise: $2.61Exp: 2015-05-21→ Common Stock (61,111 underlying)
Exercise/Conversion
Common Stock
2014-12-01$2.61/sh+61,111$159,500→ 184,099 total
Sale
Common Stock
2014-12-01$39.23/sh−30,875$1,211,226→ 153,224 total

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]Proceeds from the sale were used to pay exercise price and taxes due upon exercise of options.
[F3]Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $38.57 to $39.92 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.
[F4]Amount of Shares Beneficially Owned Following Reported Transaction includes 45,789 unvested shares subject to a restricted stock awards and 107,435 shares owned outright.
[F5]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.
[F6]There was no consideration given in exchange for the security.

Documents

1 file