SEC Form 4 · accession 0001140361-15-024849
POZEN INC /NC · POZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gilda Marie Thomas
Officer — Sr. VP, Gen Cnsl & Secretary
Period of report
Jun 16, 2015
Accepted (ET)
Jun 18, 2015 · 9:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001059790
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 16, 2015 | M | 36,886 | $8.36 | A | 90,661 | D | |
| Common StockF2 | Jun 16, 2015 | F | 33,177 | $10.02 | D | 57,484 | D | |
| Common Stock | Jun 16, 2015 | M | 13,702 | $3.77 | A | 71,186 | D | |
| Common StockF2 | Jun 16, 2015 | F | 8,515 | $10.02 | D | 62,671 | 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)F3 | $8.36 | Jun 16, 2015 | M | 36,886 | D | — | Mar 14, 2018 | Common Stock | 48,860 | 11,974 | D |
| Stock Option (right to buy)F4 | $3.77 | Jun 16, 2015 | M | 13,702 | D | — | Mar 14, 2021 | Common Stock | 13,702 | 0 | D |
Explanation of responses
- F1Represents shares of the Registrant's common stock delivered as payment of exercise price and applicable taxes in connection with the net exercise of stock options by the reporting person on June 16, 2015. Such shares are to be delivered to the Registrant's treasury account.
- F2Reflects the closing price of the Registrant's common stock as reported by the NASDAQ Stock Market on June 16, 2015.
- F3The option vests 25% annually over four years commencing upon the first anniversary of the date of grant.
- F4The option vests 25% annually over four years commencing upon the first anniversary of the date of grant.