SEC Form 4 · accession 0001209191-15-071986
ACORDA THERAPEUTICS INC · ACOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Blight
Officer — Chief Scientifc Officer
Period of report
Sep 21, 2015
Accepted (ET)
Sep 23, 2015 · 4:23 pm EDT
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 | Sep 21, 2015 | M | 13,085 | $6.00 | A | 84,744 | D | |
| Common StockF1,F2 | Sep 21, 2015 | S | 6,894 | $30.8451 | D | 77,850 | D | |
| Common StockF1,F3 | Sep 21, 2015 | S | 6,191 | $31.8149 | D | 71,659 | 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,F4 | $6.00 | Sep 21, 2015 | M | 13,085 | D | — | Feb 15, 2016 | Common Stock | 13,085 | 0 | D |
Explanation of responses
- F1Exercise and sales pursuant to a 10b5-1 plan. Dr. Blight exercised 13,085 stock options, all of which were due to expire 2/15/2016 unless exercised.
- F2The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $30.56 to $31.26 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 $31.29 to $32.29 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 shares subject to these options vested in installments and were fully vested on 2/15/2010.