SEC Form 4 · accession 0001209191-15-018200
MANNKIND CORP · MNKD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew J Pfeffer
Officer — Corporate VP and CFO
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 8:50 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000899460
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 Par Value | Feb 23, 2015 | A | 15,000 | $0.00 | A | 367,825 | D | |
| Common Stock, $0.01 Par Value | Feb 23, 2015 | F | 5,975 | $6.43 | D | 361,850 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option | $2.86 | Feb 3, 2015 | M | 60,000 | A | Feb 3, 2015 | Apr 28, 2018 | Common Stock | 60,000 | 60,000 | D |
Explanation of responses
- F1The reporting person was granted restricted stock units that vest upon the achievement of certain defined performance milestones. On February 3, 2015, the last defined performance milestone was met, resulting in the vesting of the restricted stock units.
- F2Shares withheld to satisfy the tax liability to the vesting of a restricted stock unit award.
- F3On April 28, 2008, the reporting person was granted an option that vests upon the achievement of certain defined performance milestones. On February 3, 2015, the final defined performance milestone was met, resulting in the full vesting of the option.