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4//SEC Filing

Birznieks Gunther 4

Accession 0001209191-23-016460

CIK 0001347178other

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 6:24 PM ET

Size

7.7 KB

Accession

0001209191-23-016460

Insider Transaction Report

Form 4
Period: 2023-03-02
Birznieks Gunther
SVP, Business Development
Transactions
  • Sale

    Common Stock

    2023-03-02$6.20/sh8,509$52,793214,248 total
  • Sale

    Common Stock

    2023-03-03$6.26/sh8,268$51,791205,980 total
Footnotes (3)
  • [F1]Represents shares of the Issuer's common stock sold to satisfy tax obligations relating to the acquisition of shares of the Issuer's common stock in connection with the settlement of the vested portion of RSUs. Such sale was executed pursuant to an irrevocable election made by the Reporting Person during an open trading window under a program approved by the Compensation Committee of the Issuer's Board of Directors.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.1901 to $6.22, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
  • [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.2301 to $6.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.

Issuer

Vanda Pharmaceuticals Inc.

CIK 0001347178

Entity typeother

Related Parties

1
  • filerCIK 0001702031

Filing Metadata

Form type
4
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:24 PM ET
Size
7.7 KB