SEC Form 4 · accession 0001209191-18-045606
MANNKIND CORP · MNKD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart A Tross
Officer — Corp VP, Chief People Officer
Period of report
Aug 2, 2018
Accepted (ET)
Aug 6, 2018 · 7:21 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 Value | Aug 2, 2018 | P | 5,000 | $1.31 | A | 62,960 | 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) | $1.42 | Aug 2, 2018 | A | 28,144 | A | Aug 2, 2018 | May 25, 2027 | Stock Options | 28,144 | 28,144 | D |
| Employee Stock Option (right to buy) | $2.70 | Aug 2, 2018 | A | 20,000 | A | Aug 2, 2018 | Feb 16, 2027 | Stock Options | 20,000 | 20,000 | D |
Explanation of responses
- F1The reporting person purchased shares through the Company's Employee Stock Purchase Plan on August 2, 2018, representing the maximum allowable under the Plan for this period.
- F2On May 25, 2017, the reporting person was granted an option that vests upon the achievement of certain defined performance milestones. On August 2, 2018, one of the defined performance milestones was met, resulting in the partial vesting of the option.
- F3On February 16, 2017, the reporting person was granted an option that vests upon the achievement of certain defined performance milestones. On August 2, 2018, one of the defined performance milestones was met, resulting in the partial vesting of the option.