RAI RAJAT 4
4 · AKORN INC · Filed Jul 3, 2018
Insider Transaction Report
Form 4
AKORN INCAKRX
RAI RAJAT
Interim CEO
Transactions
- Tax Payment
Common Stock
2018-07-01$16.59/sh−1,986$32,948→ 437,752 total
Holdings
- 1,070,985(indirect: By Trust)
Common Stock
- 929,015(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The sale price of $16.59 per share represents the closing price of Akorn common stock on Friday, June 29, 2018, the last trading day preceding the July 1, 2018 vesting date of 6,780 Restricted Stock Units (RSUs), from which 1,986 shares were withheld to satisfy the taxes due.
- [F2]Following the reported transaction, the amount of shares directly beneficially owned consists of 296,013 unvested RSUs and 141,739 shares owned outright.
- [F3]The shares are held in a grantor-retained annuity trust (GRAT) for which the Reporting Person is the sole trustee and annuitant.