SEC Form 4 · accession 0001171843-17-003966
AKORN INC · AKRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Kutinsky
Officer — Chief Operating Officer
Period of report
Jul 1, 2017
Accepted (ET)
Jul 5, 2017 · 7:31 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 | 944 | $33.54 | D | 217,480 | 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 2,988 Restricted Stock Units (RSUs), from which 944 shares are being withheld to satisfy the taxes due.
- F2Following the reported transaction, the amount of shares beneficially owned consists of 55,203 unvested RSUs and 162,277 shares owned outright.