SEC Form 5 · accession 0001209191-17-006537
MANNKIND CORP · MNKD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kent Kresa
Director
Period of report
Dec 31, 2016
Accepted (ET)
Feb 1, 2017 · 9:27 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, $.01 Par ValueF1 | May 19, 2016 | A | 39,200 | $0.00 | A | 220,570 | D | |
| Common Stock, $0.01 Par ValueF2 | May 19, 2016 | A | 116,848 | $0.00 | A | 337,418 | D | |
| Common Stock, $0.01 Par ValueF3 | May 19, 2016 | A | 17,527 | $0.00 | A | 354,945 | 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 OptionF4 | $0.91 | May 19, 2016 | A | 78,400 | A | Jun 19, 2016 | May 19, 2026 | Common Stock | 78,400 | 78,400 | D |
Explanation of responses
- F1Restricted Stock Units with 3-year vesting period; 1/36th vesting every month, being fully vested on the third anniversary of the grant date.
- 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.
- F4Annual equity award vesting in 36 equal monthly installments commencing one month from date of grant, being fully vested on the third anniversary of grant date.