AKORN INC 4
4 · AKORN INC · Filed Jun 6, 2016
Insider Transaction Report
Form 4
AKORN INCAKRX
WEINSTEIN ALAN D
Director
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2016-06-02−25,000→ 0 totalExercise: $2.61From: 2010-05-21→ Common Stock (25,000 underlying) - Sale
Common Stock
2016-06-02$30.93/sh−50,000$1,546,500→ 58,857 total - Exercise/Conversion
Common Stock
2016-06-02$2.61/sh+25,000$65,250→ 83,857 total
Holdings
- 20,200(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $30.65 to $31.18 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]These options were fully vested and scheduled to expire if not exercised on or before May 21, 2015. However, due to legal restrictions under the securities laws, the options could not be exercised until June 2, 2016 and thus the expiration date was tolled until July 2, 2016.
- [F3]These options were fully vested and scheduled to expire if not exercised on or before April 29, 2016. However, due to legal restrictions under the securities laws, the options could not be exercised until June 2, 2016 and thus the expiration date was tolled until July 2, 2016.