SEC Form 4 · accession 0001209191-15-049172
MANNKIND CORP · MNKD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David MacCallum
Director
Period of report
May 21, 2015
Accepted (ET)
Jun 2, 2015 · 6:56 pm EDT
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 ValueF1 | May 21, 2015 | A | 11,800 | $0.00 | A | 100,109 | D | |
| Common Stock, $0.01 Par ValueF2 | May 21, 2015 | A | 12,766 | $0.00 | A | 112,875 | D | |
| Common Stock, $0.01 Par ValueF3 | May 21, 2015 | A | 1,915 | $0.00 | A | 114,790 | 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 (right to buy)F1 | $4.63 | May 21, 2015 | A | 23,600 | A | Jun 21, 2015 | May 20, 2025 | Common Stock | 23,600 | 23,600 | D |
Explanation of responses
- F13-year vesting period; 1/36th vesting every month, being fully vested 05/21/2016.
- F2Annual retainer received in equity in lieu of cash. Restricted Stock Units shall vest on the earlier of retirement, removal from board, death or five years from grant date.
- F3Annual retainer received in equity in lieu of cash. Restricted Stock Units shall vest on the earlier of retirement or removal from board, provided that such retirement or removal occurs more than one year after grant date; death; or five years from grant date.