SEC Form 4 · accession 0001415889-15-000615
ACADIA PHARMACEUTICALS INC · ACAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Torsten Rasmussen
Director
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 6:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001070494
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 17, 2015 | M | 2,780 | $8.49 | A | 11,280 | I | See footnote |
| Common StockF1 | Feb 17, 2015 | M | 7,067 | $8.49 | A | 18,347 | I | See footnote |
| Common StockF1 | Feb 17, 2015 | M | 10,000 | $1.36 | A | 28,347 | I | See footnote |
| Common StockF3,F1 | Feb 17, 2015 | S | 19,847 | $35.0453 | D | 8,500 | I | See footnote |
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)F1,F4 | $8.49 | Feb 17, 2015 | M | 2,780 | D | — | Jun 12, 2018 | Common Stock | 2,780 | 0 | I |
| Stock option (right to buy)F1,F4 | $8.49 | Feb 17, 2015 | M | 7,067 | D | — | Jun 12, 2018 | Common Stock | 7,067 | 0 | I |
| Stock option (right to buy)F1,F5 | $1.36 | Feb 17, 2015 | M | 10,000 | D | — | Jun 7, 2022 | Common Stock | 10,000 | 0 | I |
Explanation of responses
- F1Shares and options are held by Morgan Management Aps, a Danish corporation in which Mr. Rasmussen has a controlling interest.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in 2014.
- F3The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.10 per share, inclusive. The reporting person undertakes to provide ACADIA Pharmaceuticals Inc., any security holder of ACADIA Pharmaceuticals Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the foregoing range.
- F425% of the shares subject to the stock option vested and became exercisable at the end of each 3-month period following the date of grant of June 13, 2008.
- F525% of the shares subject to the stock option vested and became exercisable at the end of each 3-month period following the date of grant of June 8, 2012.