4//SEC Filing
Singh Sanjay R 4
Accession 0001209191-23-032725
CIK 0000899460other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 9:00 PM ET
Size
8.0 KB
Accession
0001209191-23-032725
Insider Transaction Report
Form 4
MANNKIND CORPMNKD
Singh Sanjay R
EVP Technical Operations
Transactions
- Award
Common Stock, $.01 Par Value
2023-05-25+68,750→ 287,250 total - Award
Performance Restricted Stock Unit
2023-05-25+85,000→ 85,000 total→ Common Stock, $.01 Par Value (85,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of MNKD common stock.
- [F2]Acquired pursuant to a Restricted Stock Unit Award: 25% vests on July 15, 2024 and each yearly anniversary thereof until fully vested.
- [F3]The performance-based restricted stock unit will vest on July 15, 2026, provided that the closing price of MannKind common stock on the Nasdaq Global Market on June 30, 2026 is not less than the closing sale price on July 1, 2023. The number of shares delivered on the vesting date, as a percentage of the target specified in Table II Box 5 above, is determined by the percentile ranking of MannKind total shareholder return (TSR) over the period from July 1, 2023 until June 30, 2026 relative to the TSR of the Russell 3000 Pharmaceutical & Biotechnology Index over the same three-year period, as follows: less than 25th percentile=0% of target, 25th percentile=50% of target, 50th percentile=100% of target, 75th percentile=200% percent of target, 90th percentile or higher=300% maximum. Payout values will be interpolated between the percentile rankings above.
Documents
Issuer
MANNKIND CORP
CIK 0000899460
Entity typeother
Related Parties
1- filerCIK 0001953423
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 9:00 PM ET
- Size
- 8.0 KB