SEC Form 4 · accession 0001136261-16-000651
PERNIX THERAPEUTICS HOLDINGS, INC. · PTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Sedor
Officer — CHAIRMAN OF THE BOARD AND CEO · Director
Period of report
Nov 3, 2016
Accepted (ET)
Nov 7, 2016 · 5:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001024126
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | Nov 3, 2016 | A | 131,100 | $0.00 | A | 131,100 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $3.15 | Nov 3, 2016 | A | 150,000 | A | — | Nov 2, 2026 | Common Stock | 150,000 | 150,000 | D |
| Stock Option (right to buy)F3 | $3.36 | Nov 3, 2016 | A | 40,000 | A | — | Nov 2, 2026 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1Represents a grant of restricted share units that vest in three equal installments of 43,700 shares, with the first installment vesting on the first anniversary of July 26, 2016, which is the vesting start date, and the final installment vesting on the third anniversary of the vesting start date.
- F2The stock option vests in annual 50,000 share installments, commencing on the first anniversary of July 26, 2016, which is the vesting start date, with the final installment vesting on the third anniversary of the vesting start date.
- F3The stock option vests in annual installments of approximately 13,333 shares, commencing on the first anniversary of July 26, 2016, which is the vesting start date, with the final installment vesting on the third anniversary of the vesting start date.