SEC Form 4 · accession 0001140361-18-030422
Achaogen, Inc. · AKAO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet Dorling
Officer — Chief Commercial Officer
Period of report
Jun 26, 2018
Accepted (ET)
Jun 28, 2018 · 4:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301501
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jun 26, 2018 | A | 1,300 | $0.00 | A | 24,269 | D | |
| Common StockF2 | Jun 26, 2018 | S | 450 | $9.59 | D | 23,819 | 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 | $10.64 | Jun 26, 2018 | A | 6,000 | A | — | Feb 8, 2028 | Common Stock | 6,000 | 6,000 | D |
Explanation of responses
- F1On February 8, 2018, the issuer granted the reporting person Restricted Stock Units ("RSUs") and a stock option that each vest upon the achievement of certain milestones. On June 26, 2018, one of the milestones was achieved, resulting in vesting of a portion of the RSUs and shares subject to the option.
- F2Includes (i) 2,208 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2018 and (ii) 18,400 RSUs.
- F3The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of RSUs of the Issuer.
- F4The option is fully vested and exercisable.