SEC Form 4 · accession 0001171843-18-002962
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
Apr 19, 2018
Accepted (ET)
Apr 23, 2018 · 7:09 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 | Apr 19, 2018 | A | 80,201 | $0.00 | A | 333,246 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities acquired are Restricted Stock Units (RSUs) scheduled to vest in four equal installments on April 19, 2019, April 19, 2020, April 19, 2021 and April 19, 2022.
- F2The securities beneficially owned by the Reporting Person include 1,106 shares acquired effective December 31, 2017 through the company's Employee Stock Purchase Plan. Following the reported transaction, the amount of shares beneficially owned includes 135,404 unvested RSUs and 197,842 shares owned outright.