Home/Filings/4/0001415889-24-009272
4//SEC Filing

Teehan Brendan 4

Accession 0001415889-24-009272

CIK 0001070494other

Filed

Mar 26, 8:00 PM ET

Accepted

Mar 27, 8:00 PM ET

Size

11.5 KB

Accession

0001415889-24-009272

Insider Transaction Report

Form 4
Period: 2024-03-25
Teehan Brendan
EVP, COO, Head of Commercial
Transactions
  • Sale

    Common Stock

    2024-03-27$17.90/sh5,140$92,00636,340 total
  • Award

    Common Stock

    2024-03-25+10,04841,480 total
  • Award

    Stock Options (Right to Buy)

    2024-03-25+89,51689,516 total
    Exercise: $17.84Exp: 2034-03-24Common Stock (89,516 underlying)
  • Award

    Restricted Stock Units

    2024-03-25+27,46027,460 total
    Common Stock (27,460 underlying)
Footnotes (5)
  • [F1]Represents acquisition of the Issuer's common stock upon vesting of the performance stock units granted to the Reporting Person on April 5, 2022 at 50% of target.
  • [F2]The mandatory sales reported in this Form 4 were made to cover withholding taxes and tax related items imposed by the Issuer in connection with the vesting of performance stock units, and it is intended to comply with the requirements of Rule 10b5-1(c)(1)(i)(B) under the Exchange Act and be interpreted to meet the requirements of Rule 10b5-1(c).
  • [F3]25% of the shares subject to the Stock Option will vest and become exercisable on March 25, 2025. The remaining shares vest and become exercisable in 36 equal monthly installments thereafter.
  • [F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
  • [F5]The restricted stock units vest in four equal annual installments beginning March 25, 2025.

Issuer

ACADIA PHARMACEUTICALS INC

CIK 0001070494

Entity typeother

Related Parties

1
  • filerCIK 0001891900

Filing Metadata

Form type
4
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 8:00 PM ET
Size
11.5 KB