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ACADIA PHARMACEUTICALS INC — Director's Dealing 2014
Sep 12, 2014
31237_dirs_2014-09-12_0ee7f6a4-103f-4281-b838-91dbdddfa261.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ACADIA PHARMACEUTICALS INC (ACAD)
CIK: 0001070494
Period of Report: 2014-09-10
Reporting Person: Hacksell Uli (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-10 | Common Stock | M | 30000 | $2 | Acquired | 30000 | Direct |
| 2014-09-10 | Common Stock | G | 30000 | — | Disposed | 0 | Direct |
| 2014-09-10 | Common Stock | G | 30000 | — | Acquired | 145549 | Indirect |
| 2014-09-10 | Common Stock | S | 30000 | $27.3607 | Disposed | 115549 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-09-10 | Stock Option (right to buy) | $2 | M | 30000 | Disposed | 2018-10-19 | Common Stock (30000) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in March 2014.
F2: The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $27.25 to $27.42 per share, inclusive. The reporting person undertakes to provide ACADIA Pharmaceuticals Inc., any security holder of ACADIA Pharmaceuticals Inc., 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 foregoing range.
F3: 50% of the shares subject to the stock option vested and became exercisable on October 20, 2010. The remaining shares vested in equal monthly installments over the following 2 years.