Filing Details
- Accession Number:
- 0001166279-13-000001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-09-11 20:34:01
- Reporting Period:
- 2013-09-10
- Filing Date:
- 2013-09-11
- Accepted Time:
- 2013-09-11 20:34:01
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1080709 | Arena Pharmaceuticals Inc | ARNA | Pharmaceutical Preparations (2834) | 232908305 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1166279 | P Dominic Behan | C/O Arena Pharmaceuticals, Inc. 6154 Nancy Ridge Drive San Diego CA 92121 | Evp & Chief Scientific Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-09-10 | 150,000 | $1.49 | 603,000 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2013-09-10 | 50,000 | $1.81 | 653,000 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-09-10 | 200,000 | $6.31 | 453,000 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-09-10 | 150,000 | $0.00 | 150,000 | $1.49 |
Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-09-10 | 50,000 | $0.00 | 50,000 | $1.81 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
150,000 | 2021-03-15 | No | 4 | M | Direct | |
450,000 | 2022-03-19 | No | 4 | M | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- This price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $6.26 and $6.34 per share, inclusive. The reporting person undertakes to provide Arena Pharmaceuticals, Inc., any security holder of Arena Pharmaceuticals, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- The options vest in four equal annual installments, and are exercisable once vested. The first and second installments became exercisable on March 15, 2012, and 2013, and the third and fourth installments vest on March 15, 2014, and 2015.
- The options vest in four equal annual installments, and are exercisable once vested. The first installment became exercisable on March 19, 2013, and the second, third and fourth installments vest on March 19, 2014, 2015 and 2016.