Filing Details
- Accession Number:
- 0001181431-14-037422
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-26 17:01:04
- Reporting Period:
- 2014-11-24
- Filing Date:
- 2014-11-26
- Accepted Time:
- 2014-11-26 17:01:04
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1382911 | Orexigen Therapeutics Inc. | OREX | Pharmaceutical Preparations (2834) | 651178822 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1403571 | D Heather Turner | C/O Orexigen Therapeutics, Inc. 3344 N. Torrey Pines Court, Suite 200 La Jolla CA 92037 | Svp, Gen. Counsel & Secretary | 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 | 2014-11-24 | 24,006 | $1.66 | 24,006 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-11-24 | 24,006 | $5.77 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2014-11-25 | 7,382 | $1.66 | 7,382 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-11-25 | 7,382 | $6.00 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | 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 Option (right to buy) | Disposition | 2014-11-24 | 24,006 | $0.00 | 24,006 | $1.66 |
| Common Stock | Stock Option (right to buy) | Disposition | 2014-11-25 | 7,382 | $0.00 | 7,382 | $1.66 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 686,957 | 2021-07-24 | No | 4 | M | Direct | |
| 679,575 | 2021-07-24 | No | 4 | M | Direct |
Footnotes
- The exercise reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 23, 2014.
- The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 23, 2014.
- Weighted average from 38 transactions with prices ranging from $5.71 to $5.90. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares purchased at each separate price.
- 1/48th of the total number of shares of stock subject to the option (rounded down to the next whole number of shares) (which option is referred to in this Form 4 as the "Replacement Grant") shall vest on the same day of each one-month period of the Reporting Person's service as an employee, director or consultant following July 25, 2011, so that all of the shares of the stock subject to the option shall be vested on July 25, 2015, subject to the Reporting Person's continued service relationship (whether as an employee, director or consultant) with the Company or any parent or subsidiary on each such date.
- N/A
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