Filing Details
- Accession Number:
- 0001171843-14-004911
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-10-22 21:02:23
- Reporting Period:
- 2014-10-21
- Filing Date:
- 2014-10-22
- Accepted Time:
- 2014-10-22 20:02:23
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 3116 | Akorn Inc | AKRX | Pharmaceutical Preparations (2834) | 720717400 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1365174 | M Mark Silverberg | 1925 West Field Court Suite 300 Lake Forest IL 60045 | Exec Vp, Ops Global Qa&Techsrv | No | 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 | 2014-10-21 | 50,000 | $1.11 | 119,911 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-10-21 | 50,000 | $1.60 | 169,911 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-10-21 | 35,000 | $1.60 | 204,911 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2014-10-21 | 75,000 | $1.60 | 279,911 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-10-21 | 72,491 | $40.00 | 207,420 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| 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 | Stock Options (Right to Buy) | Disposition | 2014-10-21 | 50,000 | $0.00 | 50,000 | $1.11 |
| Common Stock | Stock Options (Right to Buy) | Disposition | 2014-10-21 | 50,000 | $0.00 | 50,000 | $1.60 |
| Common Stock | Stock Options (Right to Buy) | Disposition | 2014-10-21 | 35,000 | $0.00 | 35,000 | $1.60 |
| Common Stock | Stock Options (Right to Buy) | Disposition | 2014-10-21 | 75,000 | $0.00 | 75,000 | $1.60 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2019-05-26 | No | 4 | M | Direct | |
| 0 | 2014-11-19 | No | 4 | M | Direct | |
| 0 | 2014-11-19 | No | 4 | M | Direct | |
| 0 | 2014-11-19 | No | 4 | M | Direct |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2014.
- Proceeds from the sale were used to pay exercise price and taxes due upon exercise of options.
- Amount of Shares Beneficially Owned Following Reported Transaction includes 22,535 unvested shares subject to a restricted stock awards and 184,885 shares owned outright.
- The option vested in three annual installments with 16,666 options vesting on May 26, 2010, and 16,667 options vesting on each of May 26, 2011 and May 26, 2012.
- The option vested in three annual installments with 16,666 options vesting on November 19, 2010, and 16,667 options vesting on each of November 19, 2011 and November 19, 2012.
- The option vested in four annual installments with 8,750 vesting on each of November 19, 2009, November 19, 2010, November 19, 2011, and November 19, 2012.
- The option vested in four annual installments with 18,750 vesting on each of November 19, 2009, November 19, 2010, November 19, 2011, and November 19, 2012
- There was no consideration given in exchange for the security.
Billionaire Hedge Funds
