SEC Form 4 · accession 0001140361-15-024853
POZEN INC /NC · POZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John G. Fort
Officer — Chief Medical Officer
Period of report
Jun 16, 2015
Accepted (ET)
Jun 18, 2015 · 9:27 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 | 10,179 | $1.98 | A | 57,975 | D | |
| Common StockF2,F9 | Jun 16, 2015 | S | 10,179 | $10.00 | D | 47,796 | D | |
| Common Stock | Jun 16, 2015 | M | 5,497 | $8.36 | A | 53,293 | D | |
| Common StockF4 | Jun 16, 2015 | F | 4,945 | $10.02 | D | 48,348 | D | |
| Common Stock | Jun 17, 2015 | M | 18,322 | $4.64 | A | 66,670 | D | |
| Common StockF5,F9 | Jun 17, 2015 | S | 18,322 | $10.68 | D | 48,348 | D | |
| Common Stock | Jun 17, 2015 | M | 2,386 | $3.77 | A | 50,734 | D | |
| Common Stock | Jun 17, 2015 | S | 2,386 | $10.78 | D | 48,348 | D | |
| Common Stock | Jun 18, 2015 | M | 11,373 | $3.77 | A | 59,721 | D | |
| Common StockF6,F9 | Jun 18, 2015 | S | 11,373 | $10.78 | D | 48,348 | D | |
| Common Stock | Jun 18, 2015 | M | 36,645 | $5.33 | A | 84,993 | D | |
| Common Stock | Jun 18, 2015 | S | 36,645 | $11.37 | D | 48,348 | 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)F7 | $1.98 | Jun 16, 2015 | M | 10,179 | D | — | Jan 3, 2021 | Common Stock | 15,268 | 5,089 | D |
| Stock Option (right to buy)F8 | $8.36 | Jun 16, 2015 | M | 5,497 | D | — | Mar 15, 2018 | Common Stock | 7,329 | 1,832 | D |
| Stock Option (right to buy)F8 | $4.64 | Jun 17, 2015 | M | 18,322 | D | — | Mar 13, 2019 | Common Stock | 18,322 | 0 | D |
| Stock Option (right to buy)F8 | $3.77 | Jun 17, 2015 | M | 2,386 | D | — | Mar 15, 2021 | Common Stock | 13,759 | 11,373 | D |
| Stock Option (right to buy)F8 | $3.77 | Jun 18, 2015 | M | 11,373 | D | — | Mar 15, 2021 | Common Stock | 11,373 | 0 | D |
| Stock Option (right to buy)F8 | $5.33 | Jun 18, 2015 | M | 36,645 | D | — | Mar 15, 2020 | Common Stock | 36,645 | 0 | D |
Explanation of responses
- F1Stock option exercise and open market sales pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2The price in column 4 is a weighted average price. The prices actually received by the reporting person in this transaction range from $9.93 to $10.09.
- F3Represents 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. Such shares are to be delivered to the Registrant's treasury account.
- F4Reflects the closing price of the Registrant's common stock as reported by the NASDAQ Stock Market on June 16, 2015.
- F5The price in column 4 is a weighted average price. The prices actually received by the reporting person in this transaction range from $10.66 to $10.74.
- F6The price in column 4 is a weighted average price. The prices actually received by the reporting person in this transaction range from $10.78 to 10.79.
- F7Exercisable upon achievement of certain performance criteria.
- F8The option vests 25% annually over four years commencing upon the first anniversary of the date of grant.
- F9The reporting person has provided to the Registrant, and the Registrant will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range reported.