SEC Form 4 · accession 0001171843-17-005418
AKORN INC · AKRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Bonaccorsi
Officer — EVP Gen Counsel & Secretary
Period of report
Sep 5, 2017
Accepted (ET)
Sep 6, 2017 · 5:00 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 | Sep 5, 2017 | F | 9,099 | $32.97 | D | 461,849 | 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 September 5, 2017, the vesting date of 24,790 Restricted Stock Units (RSUs), from which 9,099 shares were withheld for payment of the taxes due.
- F2Following the reported transaction, the amount of shares beneficially owned includes 66,385 unvested RSUs and 395,464 shares owned outright.