SEC Form 4 · accession 0001209191-16-096603
Insys Therapeutics, Inc. · INSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Meyer
Director
Period of report
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 2:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001516479
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 5, 2016 | M | 8,500 | $13.57 | A | 8,500 | D | |
| Common Stock | Feb 5, 2016 | M | 9,500 | $3.63 | A | 18,000 | 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)F3,F1,F2 | $13.57 | Feb 5, 2016 | M | 8,500 | D | — | Aug 6, 2024 | Common Stock | 8,500 | 9,500 | D |
| Stock Option (right to buy)F6,F4,F5 | $3.63 | Feb 5, 2016 | M | 9,500 | D | — | May 13, 2023 | Common Stock | 9,500 | 50,500 | D |
Explanation of responses
- F1The exercise price reflects a 2-for-1 forward stock split effected by the Issuer on June 5, 2015.
- F2One third of the shares subject to the option shall vest on August 7, 2015 and the remainder shall vest in 24 equal monthly installments thereafter until fully vested and exercisable on August 7, 2017.
- F3On June 5, 2015, the Issuer effected a 2-for-1 forward stock split pursuant to a stock dividend, resulting in the reporting person's ownership of 9,000 additional options.
- F4The exercise price reflects a 3-for-2 forward stock split effected by the Issuer on March 28, 2014 and a 2-for-1 forward stock split effected by the Issuer on June 5, 2015.
- F5One third of the shares subject to the option shall vest on May 14, 2014 and the remainder shall vest in 24 equal monthly installments thereafter until fully vested and exercisable on May 14, 2016.
- F6On March 28, 2014 and June 5, 2015 the Issuer effected a 3-for-2 forward stock split and a 2-for-1 forward stock split, respectively, both pursuant to a stock dividend, resulting in the reporting person's ownership of an aggregate of 40,000 additional options.