4//SEC Filing
AKORN INC 4
Accession 0001171843-17-002698
CIK 0000003116operating
Filed
May 3, 8:00 PM ET
Accepted
May 4, 5:48 PM ET
Size
7.5 KB
Accession
0001171843-17-002698
Insider Transaction Report
Form 4
AKORN INCAKRX
RAI RAJAT
Interim CEO
Transactions
- Tax Payment
Common Stock
2017-05-02$33.50/sh−3,001$100,534→ 159,824 total - Award
Common Stock
2017-05-04+100,824→ 260,648 total
Holdings
- 2,000,000(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Represents the closing stock price of Akorn common stock on May 2, 2017, the date of vesting of 6,568 Restricted Stock Units (RSUs) from which 3,001 shares are being withheld to satisfy the taxes due.
- [F2]The securities acquired are RSUs scheduled to vest in four equal installments on May 4, 2018, May 4, 2019, May 4, 2020 and May 4, 2021.
- [F3]Following the reported transaction, the amount of shares beneficially owned consists of 183,806 unvested RSUs and 76,842 shares owned outright.
- [F4]The securities are held in a trust for which the Reporting Person is trustee.
Documents
Issuer
AKORN INC
CIK 0000003116
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0000003116
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 5:48 PM ET
- Size
- 7.5 KB