SEC Form 4 · accession 0000914760-15-000313
AKORN INC · AKRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 11, 2015
Accepted (ET)
Dec 21, 2015 · 5:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000003116
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 11, 2015 | G | 15,050,000 | $0.00 | D | 4,907,524 | I | By Trust |
| Common StockF2 | Dec 11, 2015 | G | 15,050,000 | $0.00 | A | 15,050,000 | I | Indirect Managing General Partner |
| Common StockF3 | holding | — | — | — | 2,970,644 | I | Indirect Managing General Partner | |
| Common StockF4 | holding | — | — | — | 3,590,445 | I | Indirect Managing General Partner | |
| Common StockF5,F6 | holding | — | — | — | 4,427,462 | I | By Trusts | |
| Common Stock | holding | — | — | — | 500,730 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares held by the John N. Kapoor Trust dated September 20, 1989, of which Dr. Kapoor is sole trustee and beneficiary.
- F2Shares held by Akorn Holdings, LP, a Delaware limited partnership, of which Dr. Kapoor is the indirect managing general partner. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
- F3Shares held by EJ Financial / Akorn Management L.P., a Delaware limited partnership, of which Dr. Kapoor is the indirect managing general partner. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
- F4Shares held by EJ Funds LP, a Delaware limited partnership, of which Dr. Kapoor is the indirect managing general partner. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
- F5Adjusted to reflect additional shares held through several trusts, the trustee of which is employed by a company controlled by Dr. Kapoor and the beneficiaries of which include Dr. Kapoor's children and various other family members (69,838 shares), reduced by shares previously reported as indirectly held in which Dr. Kapoor does not have a pecuniary interest (125,000 shares).
- F6Shares held through several trusts, the trustee of which is employed by a company controlled by Dr. Kapoor and the beneficiaries of which include Dr. Kapoor's children and various other family members. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.