Home/Filings/4/0001385508-21-000138
4//SEC Filing

Thomas Thomas T. 4

Accession 0001385508-21-000138

CIK 0001385508other

Filed

Sep 22, 8:00 PM ET

Accepted

Sep 23, 4:05 PM ET

Size

16.6 KB

Accession

0001385508-21-000138

Insider Transaction Report

Form 4
Period: 2021-09-21
Transactions
  • Exercise/Conversion

    Common Stock

    2021-09-21$10.00/sh+2,000$20,00010,107 total
  • Exercise/Conversion

    Common Stock

    2021-09-22$10.00/sh+1,834$18,34011,110 total
  • Exercise/Conversion

    Stock Option (right to buy)

    2021-09-212,0001,834 total
    Exercise: $10.00Exp: 2021-11-03Common Stock (2,000 underlying)
  • Sale

    Common Stock

    2021-09-21$24.07/sh60$1,44410,047 total
  • Sale

    Common Stock

    2021-09-21$24.12/sh771$18,5979,276 total
  • Sale

    Common Stock

    2021-09-22$25.02/sh735$18,39010,375 total
  • Exercise/Conversion

    Stock Option (right to buy)

    2021-09-221,8340 total
    Exercise: $10.00Exp: 2021-11-03Common Stock (1,834 underlying)
Footnotes (7)
  • [F1]The shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
  • [F2]The shares were sold to cover the $10 exercise price of the vested stock options. The net shares of 25, after selling to cover the exercise price, will be held by the Reporting Person.
  • [F3]The shares were sold to cover the $10 exercise price of the vested stock options. The net shares of 1,144, after selling to cover the exercise price, will be held by the Reporting Person.
  • [F4]The shares were sold to cover the $10 exercise price of the vested stock options. The net shares of 1,099, after selling to cover the exercise price, will be held by the Reporting Person.
  • [F5]This transaction was executed in multiple trades at prices ranging from $24.52 to $25.04. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  • [F6]The option was exercised pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
  • [F7]On November 4, 2016, the reporting person was granted an option to purchase 35,000 shares of Common Stock. The options vest as follows: (i) 11,667 share upon the up listing of the Issuer to The NASDAQ Stock Market (which occurred on August 29, 2017); (ii) 11,667 shares upon the cumulative funding of the Issuer in excess of $5,000,000 by institutional investors, commencing May 5, 2016 (which performance criteria was met on December 13, 2016); and (iii) 11,666 shares upon the first submission of a New Drug Application ("NDA") to the FDA for one of Issuer's products by either the Issuer or an Issuer licensee.

Issuer

OPIANT PHARMACEUTICALS, INC.

CIK 0001385508

Entity typeother

Related Parties

1
  • filerCIK 0001689819

Filing Metadata

Form type
4
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 4:05 PM ET
Size
16.6 KB