AI assistant
ACADIA PHARMACEUTICALS INC — Director's Dealing 2016
Dec 29, 2016
31237_dirs_2016-12-29_8061e194-8c72-49f0-ad11-a0f11efea32c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ACADIA PHARMACEUTICALS INC (ACAD)
CIK: 0001070494
Period of Report: 2016-12-27
Reporting Person: Baity Glenn (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-27 | Common Stock | M | 9800 | $1.55 | Acquired | 81363 | Direct |
| 2016-12-27 | Common Stock | S | 9800 | $30.4565 | Disposed | 71563 | Direct |
| 2016-12-28 | Common Stock | M | 5500 | $1.62 | Acquired | 77063 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-27 | Stock Option (right to buy) | $1.55 | M | 9800 | Disposed | 2020-03-11 | Common Stock (9800) | Direct |
| 2016-12-28 | Stock Option (right to buy) | $1.62 | M | 5500 | Disposed | 2021-03-24 | Common Stock (5500) | 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 August 2016.
F2: The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $30.28 to $30.60 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: 25% of the shares subject to the Stock Option vested and became exercisable on March 12, 2011. The remaining shares vested and became exercisable thereafter in 36 equal monthly installments.
F4: 25% of the shares subject to the Stock Option vested and became exercisable on March 25, 2012. The remaining shares vested and became exercisable thereafter in 36 equal monthly installments.