SEC Form 4 · accession 0001123292-16-003039
ARADIGM CORP · ARDM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy E Pecota
Officer — VP and CFO
Period of report
Dec 6, 2016
Accepted (ET)
Dec 7, 2016 · 5:05 pm EST
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 | Dec 6, 2016 | A | 40,900 | $2.26 | A | 90,827 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price, rounded up to the next whole number. The shares were purchased in multiple transactions at prices ranging from $2.21 to $2.32, inclusive. The reporting person undertakes to provide to Aradigm Corporation, any security holder of Aradigm Corporation, or the staff of the Securities and Exchange Commission, upon request, full information, regarding the number of shares purchased at each separate price within the ranges set forth in the footnote to this Form 4.