4//SEC Filing
NEUROCRINE BIOSCIENCES INC 4
Accession 0001209191-17-030238
$NBIXCIK 0000914475operating
Filed
May 4, 8:00 PM ET
Accepted
May 5, 1:26 PM ET
Size
9.4 KB
Accession
0001209191-17-030238
Insider Transaction Report
Form 4
LYLE CORINNE H
Director
Transactions
- Exercise/Conversion
Common Stock
2017-05-03$3.40/sh+15,000$51,000→ 40,555 total - Tax Payment
Common Stock
2017-05-03$53.37/sh−952$50,808→ 39,603 total - Exercise/Conversion
Non-Qualified Stock Option
2017-05-03−15,000→ 0 totalExercise: $3.40From: 2010-06-25Exp: 2017-05-25→ Common Stock (15,000 underlying)
Footnotes (1)
- [F1]The share issuance reported on Table I reflects shares issued upon the exercise of options granted on May 25, 2010, which, if unexercised would have expired on May 25, 2017. The option exercises are reported on Table II. These option exercises were pursuant to a net issuance arrangement effected under the issuer's Equity Incentive Plan. The number of shares issued pursuant to the net issuance arrangement was calculated as follows: the option exercise price ($3.40) was subtracted from the May 03, 2017 market close price ($53.57), and this net amount ($50.17) was then multiplied by the number of options (15,000), with the resulting amount then divided by the market close price to result in a net issuance of 14,048 shares to the optionee. The 952 shares underlying the remaining portion of the options are not available for re-issuance, and no shares were sold into the market as a part of the exercise in connection with a net issuance program.
Documents
Issuer
NEUROCRINE BIOSCIENCES INC
CIK 0000914475
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000914475
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 1:26 PM ET
- Size
- 9.4 KB