4//SEC Filing
WESSON BRUCE F 4
Accession 0001209191-18-000785
CIK 0000786947other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:07 PM ET
Size
10.5 KB
Accession
0001209191-18-000785
Insider Transaction Report
Form 4
WESSON BRUCE F
Director
Transactions
- Exercise/Conversion
Common Stock
2018-01-02+59,523→ 453,927 total - Award
Restricted Stock Units
2018-01-02+66,666→ 66,666 total→ Common Stock (66,666 underlying) - Exercise/Conversion
Restricted Stock Units
2018-01-02−59,523→ 0 total→ Common Stock (59,523 underlying)
Footnotes (7)
- [F1]Represents exchange of restricted stock units.
- [F2]Par value of $.01 per share must be paid by Reporting Person upon exchange of Restricted Stock Units for stock
- [F3]Does not include Restricted Stock Units.
- [F4]1 - for -1
- [F5]25% of Restricted Stock Units vested on March 31, 2017, 25% vested on June 30, 2017; 25% vested on September 30, 2017 and 25% vested on December 31, 2017. Restricted Stock Units are being exchanged on a one for one basis for common stock, in each case upon payment of par value.
- [F6]N/A
- [F7]25% of Restricted Stock Units vest on the last day of each of March, June, September and December 2018, subject to immediate vesting in the event of a change of control and certain other events. Reporting Person may elect to exchange up to 40% of Restricted Stock Units for cash and the remaining Restricted Stock Units will be exchanged on a one for one basis for common stock, in each case upon payment of, or deduction of par value. Distributions in respect of vested Restricted Stock Units will be made on the first business day of January 2019, or earlier upon a change of control.
Documents
Issuer
ACURA PHARMACEUTICALS, INC
CIK 0000786947
Entity typeother
Related Parties
1- filerCIK 0001058190
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:07 PM ET
- Size
- 10.5 KB