SEC Form 4 · accession 0000899243-16-025770
KERYX BIOPHARMACEUTICALS INC · KERX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F. Neylan
Officer — Chief Medical Officer
Period of report
Jul 25, 2016
Accepted (ET)
Jul 27, 2016 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001114220
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 25, 2016 | S | 1,217 | $7.43 | D | 92,767 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sale of a total of 1,217 shares of common stock was made in order to satisfy Dr. Neylan's income tax withholding obligation upon the vesting of 3,750 shares of restricted stock on July 22, 2016. Dr. Neylan had no discretion with respect to such sale, which was transacted automatically in accordance with the Issuer's corporate policies regarding the vesting of restricted stock.
- F2Includes 80,000 shares of restricted stock.