4//SEC Filing
AKORN INC 4
Accession 0001171843-16-010997
CIK 0000003116operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 9:01 PM ET
Size
14.2 KB
Accession
0001171843-16-010997
Insider Transaction Report
Form 4
AKORN INCAKRX
KAPOOR JOHN N
Director10% Owner
Transactions
- Award
Stock Options (Right to Buy)
2016-07-01+11,602→ 11,602 totalExercise: $29.50Exp: 2023-07-01→ Common Stock (11,602 underlying) - Award
Common Stock
2016-07-01+4,661→ 505,391 total
Holdings
- 15,050,000(indirect: Indirect Managing General Partner)
Common Stock
- 3,590,445(indirect: Indirect Managing General Partner)
Common Stock
- 4,427,462(indirect: By Trust)
Common Stock
- 4,907,524(indirect: By Trust)
Common Stock
- 2,970,644(indirect: Indirect Managing General Partner)
Common Stock
Akorn Holdings, L.P.
10% Owner
Transactions
- Award
Common Stock
2016-07-01+4,661→ 505,391 total - Award
Stock Options (Right to Buy)
2016-07-01+11,602→ 11,602 totalExercise: $29.50Exp: 2023-07-01→ Common Stock (11,602 underlying)
Holdings
- 15,050,000(indirect: Indirect Managing General Partner)
Common Stock
- 3,590,445(indirect: Indirect Managing General Partner)
Common Stock
- 4,427,462(indirect: By Trust)
Common Stock
- 4,907,524(indirect: By Trust)
Common Stock
- 2,970,644(indirect: Indirect Managing General Partner)
Common Stock
Footnotes (8)
- [F1]The Restricted Stock Units vest in four equal installments with one installment vesting immediately on the grant date of July 1, 2016 and the remaining three installments vesting on July 1, 2017, July 1, 2018 and July 1, 2019. Following the reported transaction the amount of shares beneficially owned includes 3,495 unvested shares subject to restricted stock awards and 501,896 shares owned outright.
- [F2]These securities are beneficially owned solely by Dr. John N. Kapoor, who is a member of a "group" with Akorn Holdings, L.P. for purposes of Section 13(d) of the Exchange Act.
- [F3]Shares held by the John N. Kapoor Trust dated September 20, 1989, of which Dr. Kapoor is sole trustee and beneficiary.
- [F4]Shares held by Akorn Holdings, LP, a Delaware limited partnership, of which Dr. Kapoor is the indirect managing general partner. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
- [F5]Shares held by EJ Financial / Akorn Management L.P., a Delaware limited partnership, of which Dr. Kapoor is the indirect managing general partner. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
- [F6]Shares held by EJ Funds LP, a Delaware limited partnership, of which Dr. Kapoor is the indirect managing general partner. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
- [F7]Shares held through several trusts, the trustee of which is employed by a company controlled by Dr. Kapoor and the beneficiaries of which include Dr. Kapoor's children and various other family members. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
- [F8]The Stock Options vest in four equal installments with one installment vesting immediately on the grant date of July 1, 2016 and the remaining three installments vesting on July 1, 2017, July 1, 2018 and July 1, 2019.
Documents
Issuer
AKORN INC
CIK 0000003116
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0000003116
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 9:01 PM ET
- Size
- 14.2 KB