SEC Form 4 · accession 0001415889-16-007629
ACADIA PHARMACEUTICALS INC · ACAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn Baity
Officer — EVP AND GC
Period of report
Dec 19, 2016
Accepted (ET)
Dec 21, 2016 · 7:03 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 | Dec 19, 2016 | M | 8,635 | $1.64 | A | 71,563 | D | |
| Common Stock | Dec 20, 2016 | M | 10,000 | $1.55 | A | 81,563 | D | |
| Common StockF3 | Dec 20, 2016 | S | 10,000 | $30.0001 | D | 71,563 | 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)F4 | $1.64 | Dec 19, 2016 | M | 8,635 | D | — | Oct 21, 2018 | Common Stock | 8,635 | 0 | D |
| Stock Option (right to buy)F5 | $1.55 | Dec 20, 2016 | M | 10,000 | D | — | Mar 11, 2020 | Common Stock | 10,000 | 30,878 | D |
Explanation of responses
- F1Includes 7 shares acquired on November 15, 2016 by Mr. Baity under the ACADIA Pharmaceuticals Employee Stock Purchase Plan.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in August 2016.
- F3The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.01 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 on October 22, 2009. The remaining shares vested and beaome exercisable thereafter in 36 equal monthly installments.
- F525% of the shares subject to the Stock Option vested and became exercisable on March 12, 2011. The remaining shares vested and became exercisable thereafter in 36 equal monthly installments.