SEC Form 4 · accession 0001123292-16-002452
ARADIGM CORP · ARDM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Juergen Kurt Froehlich
Officer — Chief Medical Officer
Period of report
Jun 21, 2016
Accepted (ET)
Jun 23, 2016 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001013238
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 21, 2016 | S | 333 | $4.45 | D | 89,317 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sold to pay the tax liability resulting from the vesting of 937 shares of restricted stock granted on March 18, 2016.
- F2Includes 3,342 shares acquired on April 1, 2016 pursuant to the Company's 1996 Employee Stock Purchase Plan.