AKORN INC 4

4 · AKORN INC · Filed Dec 10, 2014

Form 4

Period: 2014-12-08

Sr VP, Sales, Mktg, Natl Accts

Transactions

Exercise/Conversion
Stock Options (Right to Buy)
2014-12-09−18,173→ 0 total
Exercise: $2.61Exp: 2015-05-21→ Common Stock (18,173 underlying)
Exercise/Conversion
Common Stock
2014-12-08$1.46/sh+25,000$36,500→ 65,256 total
Exercise/Conversion
Stock Options (Right to Buy)
2014-12-08−25,000→ 0 total
Exercise: $1.46Exp: 2020-02-22→ Common Stock (25,000 underlying)
Sale
Common Stock
2014-12-08$40.04/sh−25,000$1,001,000→ 40,256 total
Exercise/Conversion
Common Stock
2014-12-09$2.61/sh+18,173$47,432→ 58,429 total
Sale
Common Stock
2014-12-09$41.21/sh−18,173$748,909→ 40,256 total

Footnotes (6)

[F1]Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $40.00 to $40.15 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.
[F2]Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $41.20 to $41.31 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 2,882 unvested shares subject to restricted stock awards and 37,374 shares owned outright.
[F4]The option vested in three annual installments with 25,000 options vesting on each of February 22, 2011, February 22, 2012, and February 22, 2013.
[F5]There was no consideration given in exchange for the security.
[F6]The option vested in three annual installments with 13,333 options vesting on each of May 21, 2011 and May 21, 2012, and 13,334 options vesting on May 21, 2013.

Documents

1 file