4//SEC Filing
Blanchard Cheryl R 4
Accession 0001171843-25-001531
CIK 0000898437other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 5:15 PM ET
Size
15.8 KB
Accession
0001171843-25-001531
Insider Transaction Report
Form 4
Blanchard Cheryl R
DirectorPresident, CEO, Director
Transactions
- Award
Restricted Stock Unit
2025-03-14+71,403→ 71,403 totalExercise: $0.00→ Common Stock (71,403 underlying) - Exercise/Conversion
Common Stock
2025-03-17+25,132→ 209,472 total - Tax Payment
Common Stock
2025-03-17$15.91/sh−12,152$193,338→ 197,320 total - Award
Restricted Stock Unit
2025-03-14+73,559→ 73,559 totalExercise: $0.00→ Common Stock (73,559 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-03-17−25,132→ 50,263 totalExercise: $0.00→ Common Stock (25,132 underlying)
Holdings
- 11,742(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]Reflects the first vesting installment of phantom RSUs granted on March 15, 2024, which the Company elected to settle in shares.
- [F2]Reflects an aggregate of 12,152 shares of common stock retained by the Issuer to satisfy tax withholding obligations with respect to RSUs that vested on March 15, 2025.
- [F3]Reflects the closing price of ANIK common stock on March 14, 2025, the trading day prior to which the vesting of RSUs gave rise to tax withholding obligations.
- [F4]Consists of shares transferred by Dr. Blanchard to The Cheryl R. Blanchard Amended and Restated Revocable Trust dated December 19, 2014, of which Dr. Blanchard is a beneficiary and the sole trustee.
- [F5]Each RSU represents the contingent right to receive, at the Company's discretion, one share of the Company's common stock, or the cash equivalent of the closing price of one share of the Company's common stock, on each vest date. The RSUs vest in three equal annual installments beginning March 14, 2026.
- [F6]Each RSU represents the contingent right to receive, at the Company's discretion, one share of the Company's common stock, or the cash equivalent of the closing price of one share of the Company's common stock, on the vest date. The 71,403 RSUs represent the Target number of shares that may be earned in conjunction with certain market metrics prescribed under the terms of the performance-based phantom RSU award. The award shall cliff vest on the 3rd anniversary of the grant date, subject to the Compensation Committee's determination of achievement of the award prior to the vest date. The number of shares earned and subject to vest, as determined by the Compensation Committee, may be in a range from Threshold (50% of Target) to Maximum (200% of Target). No shares shall vest for achievement under Threshold.
- [F7]Each RSU represents the contingent right to receive, at the Company's discretion, one share of the Company's common stock, or the cash equivalent of the closing price of one share of the Company's common stock, on each vest date. The RSUs vest in three equal annual installments beginning March 15, 2025.
Documents
Issuer
Anika Therapeutics, Inc.
CIK 0000898437
Entity typeother
Related Parties
1- filerCIK 0001326530
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 5:15 PM ET
- Size
- 15.8 KB