AKORN INC 4
4 · AKORN INC · Filed May 22, 2015
Insider Transaction Report
Form 4
AKORN INCAKRX
WEINSTEIN ALAN D
Director
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2015-05-20−25,000→ 0 totalExercise: $2.61Exp: 2015-05-21→ Common Stock (25,000 underlying) - Award
Stock Options (Right to Buy)
2015-05-20+25,000→ 25,000 totalExercise: $2.61→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Reflects the amendment of an outstanding option solely to toll the expiration date from May 21, 2015 to a date that is 30 days after the shares underlying such option become registered with the Securities and Exchange Commission on a Form S-8 Registration Statement under the Securities Act of 1933, as amended. For reporting purposes, as required by SEC rules, on this Form 4, the amendment is reported as a deemed cancellation of the original option with the May 21, 2015 expiration date and the grant of a replacement option with the new expiration date. The option was originally granted on May 21, 2010 and vested periodically over a period of three years.
- [F2]There was no consideration given in exchange for the security.