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Filing Details

Accession Number:: 0001209191-21-002831
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-01-08 19:28:46
Reporting Period:: 2021-01-06

Accepted Time:: 2021-01-08 19:28:46
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1070494	Acadia Pharmaceuticals Inc	ACAD	Pharmaceutical Preparations (2834)	061376651

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1432545	R. Srdjan Stankovic	C/O Acadia Pharmaceuticals Inc. 12830 El Camino Real, Suite 400 San Diego CA 92130	President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2021-01-06	5,444	$0.00	21,972	No	4	M	Direct
Common Stock	Disposition	2021-01-06	1,725	$53.34	20,247	No	4	S	Direct
Common Stock	Acquisiton	2021-01-07	61,619	$35.80	81,866	No	4	M	Direct
Common Stock	Disposition	2021-01-07	61,619	$55.12	20,247	No	4	S	Direct
Common Stock	Acquisiton	2021-01-08	13,381	$35.80	33,628	No	4	M	Direct
Common Stock	Acquisiton	2021-01-08	12,864	$21.28	46,492	No	4	M	Direct
Common Stock	Acquisiton	2021-01-08	3,488	$18.12	49,980	No	4	M	Direct
Common Stock	Disposition	2021-01-08	29,733	$55.22	20,247	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2021-01-06	5,444	$0.00	5,444	$0.00
Common Stock	Stock Option (Right to Buy)	Disposition	2021-01-06	61,619	$0.00	61,619	$35.80
Common Stock	Stock Option (Right to Buy)	Disposition	2021-01-08	13,381	$0.00	13,381	$35.80
Common Stock	Stock Option (Right to Buy)	Disposition	2021-01-08	12,864	$0.00	12,864	$21.28
Common Stock	Stock Option (Right to Buy)	Disposition	2021-01-08	3,488	$0.00	3,488	$18.12

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
16,333		No	4	M	Direct
69,631	2027-09-06	No	4	M	Direct
56,250	2027-09-06	No	4	M	Direct
22,761	2028-10-14	No	4	M	Direct
90,262	2028-11-18	No	4	M	Direct

Footnotes

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
The sales reported in this Form 4 were made to cover the tax obligation that occurred upon the vesting of restricted stock units.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2020.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.77 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 range set forth in this footnote.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
The restricted stock units vest in four equal annual installments beginning January 6, 2021.
25% of the shares subject to the Stock Option vested and became exercisable on September 7, 2018. The remaining shares vest and become exercisable thereafter in 36 equal monthly installments.
25% of the shares subject to the Stock Option vested and became exercisable on October 15, 2019. The remaining shares vest and become exercisable thereafter in 36 equal monthly installments.
25% of the shares subject to the Stock Option vested and became exercisable on November 19, 2019. The remaining shares vest and become exercisable thereafter in 36 equal monthly installments.