AKORN INC 4
4 · AKORN INC · Filed Dec 19, 2007
Insider Transaction Report
Form 4
AKORN INCAKRX
Alam Abu S
Sr VP, New Business Developmen
Transactions
- Exercise/Conversion
Common Stock
2007-12-18$0.90/sh+25,000$22,500→ 141,092 total - Exercise/Conversion
Stock Option (right to buy)
2007-12-18−25,000→ 0 totalExercise: $0.90Exp: 2008-02-18→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Includes additional purchases of Akorn Common Stock through Akorn's Employee Stock Purchase Plan of 184 shares on April 2, 2007, 97 shares on July 2, 2007, and 77 shares on October 1, 2007.
- [F2]The option vested in four equal installments on February 19, 2003, 2004, 2005, 2006.
- [F3]There was no consideration given in exchange for the security.
- [F4]Dr. Alam exercised these stock options by means of a cash payment.