AI assistant
ACADIA PHARMACEUTICALS INC — Director's Dealing 2019
Dec 11, 2019
31237_dirs_2019-12-11_ca967d71-03dc-4939-9d95-0d86b17ebf64.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: 2019-12-09
Reporting Person: Ridloff Elena (EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-09 | Common Stock | M | 36000 | $15.81 | Acquired | 36000 | Direct |
| 2019-12-09 | Common Stock | S | 11020 | $50.595 | Disposed | 24980 | Direct |
| 2019-12-09 | Common Stock | S | 5502 | $49.808 | Disposed | 19478 | Direct |
| 2019-12-09 | Common Stock | S | 19478 | $49.094 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-09 | Stock Option (Right to Buy) | $15.81 | M | 36000 | Disposed | 2028-04-29 | Common Stock (36000) | 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 on November 1, 2019.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.17 to $51.16, 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 above.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.19 to $50.16, 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 above.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.75 to $49.16, 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 above.
F5: 25% of the 100,000 shares originally subject to the stock option vested and became exercisable on April 30, 2019, and the remaining shares vest in 36 equal monthly installments thereafter.