SEC Form 4 · accession 0001127602-19-008243
Alkermes plc. · ALKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard F Pops
Officer — Director and CEO, Alkermes plc · Director
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 9:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001520262
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $32.57 | Feb 21, 2019 | A | 121,000 | A | Feb 21, 2020 | Feb 21, 2029 | Ordinary Shares | 121,000 | 121,000 | D |
| Restricted Stock Unit AwardF2 | $0.00 | Feb 21, 2019 | A | 129,600 | A | Feb 21, 2020 | — | Ordinary Shares | 129,600 | 129,600 | D |
| Employee Stock Option (Right to Buy)F3 | $32.57 | Feb 21, 2019 | A | 382,200 | A | — | Feb 21, 2029 | Ordinary Shares | 382,200 | 382,200 | D |
Explanation of responses
- F1Shares subject to the stock option award vest in four equal annual installments commencing on 2/21/2020.
- F2Shares subject to the restricted stock unit award vest in equal annual installments over a four year period, commencing on 2/21/2020.
- F3Shares underlying the stock option award shall not vest and become exercisable unless and until the closing price of an ordinary share of Alkermes plc, as reported by the Nasdaq Global Select Market or another national securities exchange on which Alkermes plc's ordinary shares are listed, is fifty U.S. Dollars (US$50.00) or higher for thirty (30) consecutive trading days during the term of the award (the "performance criteria"). Subject to achievement of the performance criteria, the shares underlying the stock option award shall vest in four equal annual installments commencing on 2/21/2020. This award expires ten years from the date of grant.