AKORN INC|4Jan 18, 7:51 PM ET

Alam Abu S 4

4 · AKORN INC · Filed Jan 18, 2006

Form 4

Period: 2006-01-13

Sr VP, New Business Developmen

Transactions

Conversion
Common Stock
2006-01-13+38,151→ 87,807 total
Other
Series A Preferred Stock
2005-12-31
Exercise: $0.75Exp: 2011-10-31→ Common Stock (563 underlying)
Conversion
Series A Preferred Stock
2006-01-13→ 0 total
Exercise: $0.75→ Common Stock (38,151 underlying)
Other
Series A Preferred Stock
2005-09-30
Exercise: $0.75Exp: 2011-10-31→ Common Stock (554 underlying)
Other
Series A Preferred Stock
2005-03-31
Exercise: $0.75Exp: 2011-10-31→ Common Stock (538 underlying)
Other
Series A Preferred Stock
2004-12-31
Exercise: $0.75Exp: 2011-10-31→ Common Stock (530 underlying)
Other
Series A Preferred Stock
2005-06-30
Exercise: $0.75Exp: 2011-10-31→ Common Stock (546 underlying)

Footnotes (5)

[F1]On January 13, 2006, the reporting person was issued 38,151 shares of Akorn Common Stock upon the automatic conversion of his 250 shares of Series A 6% Convertible Preferred Stock with a $100 per share stated value plus accrued and unpaid dividends of $3,614 at a conversion price equal to $0.75 per share of common stock.
[F2]Subject to adjustment.
[F3]Voluntary reporting of dividend resulting from existing Series A 6% Participating Convertible Preferred Stock Ownership.
[F4]Immediately
[F5]Mandatory redemption on this date.

Documents

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