Filing Details
- Accession Number:
- 0001144204-10-008526
- Form Type:
- 5
- Zero Holdings:
- No
- Publication Time:
- 2010-02-16 12:00:00
- Reporting Period:
- 2009-12-31
- Filing Date:
- 2010-02-16
- Accepted Time:
- 2010-02-16 21:43:08
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1114220 | Keryx Biopharmaceuticals Inc | KERX | Pharmaceutical Preparations (2834) | 134087132 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1038977 | S Michael Weiss | 787 Seventh Avenue New York NY 10019 | No | No | Yes | 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 | Disposition | 2009-01-28 | 51,300 | $3.06 | 1,913,700 | No | 5 | S | Direct | |
Common Stock | Disposition | 2009-02-03 | 25,714 | $2.70 | 1,887,986 | No | 5 | S | Direct | |
Common Stock | Disposition | 2009-12-07 | 165,000 | $3.30 | 1,722,986 | No | 5 | S | Direct | |
Common Stock | Acquisiton | 2009-12-16 | 335,281 | $0.00 | 2,058,267 | No | 5 | J | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 5 | S | Direct | |
No | 5 | S | Direct | |
No | 5 | S | Direct | |
No | 5 | J | Direct |
Footnotes
- The shares were received pursuant to that certain merger agreement (the "Agreement") between Keryx Biopharmaceuticals Inc. ("Keryx") and ACCESS Oncology, Inc. ("ACCESS") dated January 7, 2004, as amended. Under the terms of the Agreement, the common stockholders of ACCESS did not receive any compensation at the time the merger closed, but are due to receive common stock in Keryx upon the achievement of certain milestones. This issuance of Keryx common stock to Mr. Weiss represents the first milestone payment under the Agreement, and was triggered by the initiation of a Phase 3 registration trial of KRX-0401 (perifosine).
- Based on a closing price of $2.73 per share on December 16, 2009, the 335,281 shares issued to Mr. Weiss were valued at $915,317.13.