SEC Form 4 · accession 0001171843-17-003965
AKORN INC · AKRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Kafer
Officer — EVP, Sales and Marketing
Period of report
Jul 1, 2017
Accepted (ET)
Jul 5, 2017 · 7:30 pm EDT
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,F2 | Jul 1, 2017 | F | 197 | $33.54 | D | 12,198 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the closing stock price of Akorn common stock on Friday, June 30, 2017, the last trading day preceding the July 1, 2017 vesting date of 636 Restricted Stock Units (RSUs), from which 197 shares are being withheld to satisfy the taxes due.
- F2Following the reported transaction, the amount of shares beneficially owned consists of 11,759 unvested RSUs and 439 shares owned outright.