Home/Filings/4/0001562180-23-004504
4//SEC Filing

Hadas Nicole R. 4

Accession 0001562180-23-004504

CIK 0001517022other

Filed

May 24, 8:00 PM ET

Accepted

May 25, 9:01 PM ET

Size

9.6 KB

Accession

0001562180-23-004504

Insider Transaction Report

Form 4
Period: 2023-05-24
Hadas Nicole R.
VP General Counsel & Secretary
Transactions
  • Award

    Common Stock

    2023-05-24+200,000587,530 total
  • Sale

    Common Stock

    2023-05-25$1.22/sh63,186$77,270524,344 total
  • Award

    Employee Stock Option (Right to buy)

    2023-05-24+200,000200,000 total
    Exercise: $0.41Exp: 2032-05-12Common Stock (200,000 underlying)
Footnotes (3)
  • [F1]As previously disclosed, in May 2022, the Reporting Person was granted performance-based restricted stock units ("PSUs") pursuant to the Issuer's 2014 Incentive Plan, as amended. The PSUs vest upon the closing of a significant transaction as defined in the award agreement. On May 24, 2023, the Company entered into a License Agreement, which transaction qualified as a significant transaction and closed on May 24, 2023. As a result, all of the PSUs vested on May 24, 2023
  • [F2]This sale was made automatically by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of all of the PSUs.
  • [F3]As previously disclosed, in May 2022, the Reporting Person was granted performance-based options (the "Options") pursuant to the Issuer's 2014 Incentive Plan, as amended. The Options vest upon the closing of a significant transaction as defined in the award agreements. On May 24, 2023, the Company entered into a License Agreement, which transaction qualified as a significant transaction and closed on May 24, 2023. As a result, all of the shares subject to the Option vested on May 24, 2023.

Issuer

Akebia Therapeutics, Inc.

CIK 0001517022

Entity typeother

Related Parties

1
  • filerCIK 0001602396

Filing Metadata

Form type
4
Filed
May 24, 8:00 PM ET
Accepted
May 25, 9:01 PM ET
Size
9.6 KB