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MANNKIND CORP — Director's Dealing 2015
Feb 25, 2015
31835_dirs_2015-02-25_cb5f916e-ffff-44dd-a579-fe6585a46ccf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MANNKIND CORP (MNKD)
CIK: 0000899460
Period of Report: 2015-02-18
Reporting Person: Martens Juergen (Corporate VP and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-18 | Common Stock, $0.01 Par Value | A | 4000 | $0.00 | Acquired | 161083 | Direct |
| 2015-02-23 | Common Stock, $0.01 Par Value | A | 15000 | $0.00 | Acquired | 176083 | Direct |
| 2015-02-23 | Common Stock, $0.01 Par Value | F | 5370 | $6.43 | Disposed | 170713 | Direct |
| 2015-02-23 | Common Stock, $0.01 Par Value | A | 30000 | $0.00 | Acquired | 200713 | Direct |
| 2015-02-23 | Common Stock, $0.01 Par Value | F | 10178 | $6.43 | Disposed | 190535 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-18 | Employee Stock Option | $7.22 | A | 14000 | Acquired | 2025-01-09 | Common Stock (14000) | Direct |
Footnotes
F1: Acquired pursuant to a Restricted Stock Unit Award: 25% vest on each year anniversary of the vesting determination date and 25% each anniversary thereafter; shares fully vest on the fourth year anniversary of the vesting determination date.
F2: The reporting person was granted restricted stock units that vest upon the achievement of certain defined performance milestones. On February 3, 2015, the last defined performance milestone was met, resulting in the vesting of the restricted stock units.
F3: Shares withheld to satisfy the tax liability to the vesting of a restricted stock unit award.
F4: The stock option vesting schedule: 25% vesting on the anniversary of the vesting determination date and 1/48th per month thereafter; being fully vested on the fourth anniversary of the vesting determination date.