SEC Form 4 · accession 0001209191-15-003808
ACORDA THERAPEUTICS INC · ACOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Enrique J. Carrazana
Officer — Chief Medical Officer
Period of report
Jan 8, 2015
Accepted (ET)
Jan 12, 2015 · 9:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001008848
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 8, 2015 | M | 6,715 | $30.46 | A | 40,209 | D | |
| Common StockF1,F2 | Jan 8, 2015 | S | 6,715 | $42.0058 | D | 33,494 | D | |
| Common StockF1 | Jan 9, 2015 | M | 16,803 | $30.46 | A | 50,297 | D | |
| Common StockF1 | Jan 9, 2015 | M | 18,225 | $26.35 | A | 68,522 | D | |
| Common StockF1 | Jan 9, 2015 | M | 42,879 | $21.52 | A | 111,401 | D | |
| Common StockF1,F3 | Jan 9, 2015 | S | 77,907 | $42.1058 | D | 33,494 | D | |
| Common StockF1 | Jan 12, 2015 | M | 13,371 | $21.52 | A | 46,865 | D | |
| Common StockF1,F4 | Jan 12, 2015 | S | 8,200 | $42.6097 | D | 38,665 | D | |
| Common StockF1,F5 | Jan 12, 2015 | S | 5,171 | $43.5045 | D | 33,494 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F6 | $30.46 | Jan 8, 2015 | M | 6,715 | D | — | Mar 6, 2023 | Common Stock | 6,715 | 40,320 | D |
| Employee Stock Option (right to buy)F1,F6 | $30.46 | Jan 9, 2015 | M | 16,803 | D | — | Mar 6, 2023 | Common Stock | 16,803 | 23,517 | D |
| Employee Stock Option (right to buy)F1,F7 | $26.35 | Jan 9, 2015 | M | 18,225 | D | — | Mar 15, 2022 | Common Stock | 18,225 | 6,075 | D |
| Employee Stock Option (right to buy)F1,F8 | $21.52 | Jan 9, 2015 | M | 42,879 | D | — | Oct 15, 2021 | Common Stock | 42,879 | 32,121 | D |
| Employee Stock Option (right to buy)F1,F8 | $21.52 | Jan 12, 2015 | M | 13,371 | D | — | Oct 15, 2021 | Common Stock | 13,371 | 18,750 | D |
Explanation of responses
- F1Exercise and sales pursuant to a 10b5-1 plan.
- F2The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $42.00 to $42.13 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $42.00 to $42.31 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F4The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $42.16 to $43.15 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F5The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $43.23 to $43.80 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F6The shares subject to this option vest in equal quarterly installments over four years beginning on January 1, 2013 with the first quarterly installment vested on April 1, 2013.
- F7The shares subject to this option vest in equal quarterly installments over four years beginning on January 1, 2012 with the first quarterly installment vested on April 1, 2012.
- F825% of the shares subject to this option vested on October 15, 2012. The balance of the shares subject to this option vest in equal quarterly installments over the three years thereafter.