4//SEC Filing
SUMNER WILLIAM 4
Accession 0001209191-11-000254
CIK 0000786947other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 6:42 PM ET
Size
8.6 KB
Accession
0001209191-11-000254
Insider Transaction Report
Form 4
SUMNER WILLIAM
Director
Transactions
- Tax Payment
Common Stiock
2011-01-01$3.31/sh−76$252→ 119,924 total - Award
Director Stock Options
2011-01-03+15,000→ 15,000 totalExercise: $3.46Exp: 2021-01-02→ Common Stock (15,000 underlying)
Footnotes (6)
- [F1]Shares of common stock of the Issuer withheld by the Issuer for payment of par value of $.01 for each share exchanged for a Restricted Stock Unit.
- [F2]Price is closing price of Issuer's coomon stock on December 31, 2010.
- [F3]Effective January 1, 2011, 25,000 Restricted Stock Units were exchanged for shares of common stock. Amount of securities include 75,000 remaining Restricted Stock Units held by Reporting Person. Absent a change of control, shares of common stock will be distributed in exchange for Restricted Stock Units (after payment of $.01 par value per share) in three equal installments on January 1st of each of 2012, 2013 and 2014.
- [F4]Exercise price is closing price of Issuer's common stock on January 3, 2011.
- [F5]Twenty-five percent (25%) of shares underlying options vest on, and are exercisable commencing, each of March 31, 2011, June 30, 2011, September 30, 2011 and December 31, 2011.
- [F6]Not Applicable.
Documents
Issuer
ACURA PHARMACEUTICALS, INC
CIK 0000786947
Entity typeother
Related Parties
1- filerCIK 0001058272
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 6:42 PM ET
- Size
- 8.6 KB