4//SEC Filing
AKORN INC 4
Accession 0001171843-16-010554
CIK 0000003116operating
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 9:00 PM ET
Size
12.1 KB
Accession
0001171843-16-010554
Insider Transaction Report
Form 4
AKORN INCAKRX
ABRAMOWITZ KENNETH
Director
Transactions
- Sale
Common Stock
2016-06-03$30.48/sh−400$12,192→ 16,160 total(indirect: See footnote) - Sale
Common Stock
2016-06-06$31.40/sh−8,800$276,320→ 16,985 total - Exercise/Conversion
Stock Options (Right to Buy)
2016-06-06−8,800→ 16,200 totalExercise: $6.62From: 2011-04-29→ Common Stock (8,800 underlying) - Sale
Common Stock
2016-06-03$31.40/sh−1,700$53,380→ 16,985 total - Exercise/Conversion
Common Stock
2016-06-06$6.62/sh+8,800$58,256→ 25,785 total
Footnotes (3)
- [F1]These shares are held by various family members of Mr. Abramowitz.
- [F2]Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $31.36 to $31.42 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]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.
Documents
Issuer
AKORN INC
CIK 0000003116
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0000003116
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 9:00 PM ET
- Size
- 12.1 KB