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Filing Details

Accession Number:: 0001209191-21-008660
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-08 21:00:22
Reporting Period:: 2021-02-04

Accepted Time:: 2021-02-08 21:00:22
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	Explanation
Common Stock	Acquisiton	2021-02-04	19,231	$0.00	39,478	No	4	A	Direct
Common Stock	Disposition	2021-02-04	8,429	$50.61	31,049	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	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	Employee Stock Option (Right to Buy)	Acquisiton	2021-02-04	15,625	$0.00	15,625	$29.59
Common Stock	Employee Stock Option (Right to Buy)	Acquisiton	2021-02-04	21,875	$0.00	21,875	$35.80
Common Stock	Employee Stock Option (Right to Buy)	Acquisiton	2021-02-04	11,875	$0.00	11,875	$21.28

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,625	2027-08-03	No	4	A	Direct
21,875	2027-09-07	No	4	A	Direct
11,875	2028-10-15	No	4	A	Direct

Footnotes

On April 29, 2019, the reporting person was granted Restricted Stock Units (RSU's) that vest upon the Issuer's satisfaction of certain performance criteria. On February 4, 2021, the Issuer's Compensation Committee determined that certain performance criteria was achieved, resulting in the vesting of the RSU's as to the number of shares reported in column 4 of row 1 above.
The sales reported in this Form 4 were made to cover the tax obligation that occurred upon the vesting of restricted stock units.
On August 3, 2017, the reporting person was granted an option to purchase shares of common stock based upon and subject to the achievement of certain performance criteria. On February 4, 2021, the Issuer's Compensation Committee determined that certain performance criteria was achieved, resulting in the vesting of the option as to 15,625 shares.
On September 7, 2017, the reporting person was granted an option to purchase shares of common stock based upon and subject to the achievement of certain performance criteria. On February 4, 2021, the Issuer's Compensation Committee determined that certain performance criteria was achieved, resulting in the vesting of the option as to 21,875 shares.
On October 15, 2018, the reporting person was granted an option to purchase shares of common stock based upon and subject to the achievement of certain performance criteria. On February 4, 2021, the Issuer's Compensation Committee determined that certain performance criteria was achieved, resulting in the vesting of the option as to 11,875 shares.