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4//SEC Filing

Patterson Joshua F. 4

Accession 0001209191-20-054618

CIK 0001662524other

Filed

Oct 12, 8:00 PM ET

Accepted

Oct 13, 4:02 PM ET

Size

9.9 KB

Accession

0001209191-20-054618

Insider Transaction Report

Form 4
Period: 2020-10-12
Patterson Joshua F.
General Counsel
Transactions
  • Disposition from Tender

    Common Stock

    2020-10-12$18.15/sh26,532$481,5560 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2020-10-12$1.16/sh13,750$15,9500 total
    Exercise: $16.99Exp: 2030-01-01Common Stock (13,750 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2020-10-12$5.39/sh7,500$40,4250 total
    Exercise: $12.76Exp: 2030-03-18Common Stock (7,500 underlying)
Footnotes (2)
  • [F1]This option, which provided that 1/4th of the shares would vest one year after January 2, 2020 and 1/48th of the shares would vest monthly thereafter over the next three years, was cancelled in connection with the merger of the Issuer with a wholly owned subsidiary of Ionis Pharmaceuticals, Inc. in exchange for a cash payment of $15,950.00, representing the difference between the exercise price of the option and the acquisition price of $18.15.
  • [F2]This option, which provided that 1/4th of the shares would vest one year after March 19, 2020 and 1/48th of the shares would vest monthly thereafter over the next three years, was cancelled in connection with the merger of the Issuer with a wholly owned subsidiary of Ionis Pharmaceuticals, Inc. in exchange for a cash payment of $40,425.00, representing the difference between the exercise price of the option and the acquisition price of $18.15.

Issuer

AKCEA THERAPEUTICS, INC.

CIK 0001662524

Entity typeother

Related Parties

1
  • filerCIK 0001805702

Filing Metadata

Form type
4
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 4:02 PM ET
Size
9.9 KB