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Vanda Pharmaceuticals Inc. — Director's Dealing 2020
Mar 24, 2020
33390_dirs_2020-03-24_14d23bff-9dc6-47c7-879b-94317a814c39.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Vanda Pharmaceuticals Inc. (VNDA)
CIK: 0001347178
Period of Report: 2020-03-15
Reporting Person: Moran Kevin Patrick (VP, Acting CFO & Treasurer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 14237 | Direct |
| Common Stock | 2532 | Direct |
| Common Stock | 12578 | Direct |
| Common Stock | 18750 | Direct |
| Common Stock | 12656 | Direct |
| Common Stock | 635 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $7.94 | 2026-02-11 | Common Stock (6750) | Direct | |
| Stock Option (Right to Buy) | $12.27 | 2024-12-03 | Common Stock (15000) | Direct | |
| Stock Option (Right to Buy) | $11.59 | 2023-12-02 | Common Stock (15000) | Direct | |
| Stock Option (Right to Buy) | $3.12 | 2022-12-07 | Common Stock (7500) | Direct |
Footnotes
F1: Represents shares of common stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest in full on March 1, 2021, provided the Reporting Person remains continuously employed by the Issuer through such vesting date. Vested shares will be delivered on the First Permissible Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest.
F2: Represents shares of common stock underlying an RSU award. One-half of the RSU will vest on February 28, 2021, and the remaining one-half of the RSU will vest on February 28, 2022, provided the Reporting Person remains continuously employed by the Issuer through each vesting date. Vested shares will be delivered on the First Permissible Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest.
F3: Represents shares of common stock underlying an RSU award. The RSU vests in three (3) equal annual installments with the first annual vest taking place on March 1, 2021, provided the Reporting Person remains continuously employed by the Issuer through each annual vesting date. Vested shares will be delivered on the First Permissible Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest.
F4: Represents shares of common stock underlying an RSU award. The RSU vests in four (4) equal annual installments with the first annual vest taking place on March 1, 2021, provided the Reporting Person remains continuously employed by the Issuer through each annual vesting date. Vested shares will be delivered on the First Permissible Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest.
F5: The option is fully vested and immediately exercisable.