SEC Form 4 · accession 0000884731-16-000004
ARIAD PHARMACEUTICALS INC · ARIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hugh M Cole
Officer — SVP, Chief Business Officer
Period of report
Mar 16, 2016
Accepted (ET)
Mar 18, 2016 · 4:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884731
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 16, 2016 | M | 7,500 | $6.21 | A | 7,500 | D | |
| Common StockF2 | Mar 16, 2016 | F | 2,438 | $6.21 | D | 5,062 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance stock unitF3,F4 | $0.00 | Mar 16, 2016 | A | 15,000 | A | — | Jun 25, 2024 | Common Stock | 15,000 | 15,000 | D |
| Performance stock unit | $0.00 | Mar 16, 2016 | M | 7,500 | D | Mar 16, 2016 | Jun 25, 2024 | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1Shares were acquired upon vesting of performance stock units which were awarded on June 25, 2014
- F2Represents shares withheld to satisfy withholding tax requirements
- F3Each Performance Stock Unit represents a right to receive one share of ARIAD common stock
- F4The performance stock units vest as to 50% of the award on March 16, 2016 and 50% of the award on March 1, 2017