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Filing Details

Accession Number:: 0001181431-12-050225
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-09-12 21:40:22
Reporting Period:: 2012-09-10

Filing Date:: 2012-09-12
Accepted Time:: 2012-09-12 20:40:22
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1059790	Pozen Inc	POZN	Pharmaceutical Preparations (2834)	621657552

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1135011	R John Plachetka	C/O Pozen Inc. 1414 Raleigh Road, Suite 400 Chapel Hill NC 27517	President, Ceo And Chairman	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-09-10	187,500	$5.18	187,500	No	4	M	Direct
Common Stock	Disposition	2012-09-10	68,649	$6.29	118,851	No	4	S	Direct
Common Stock	Disposition	2012-09-11	73,851	$6.13	45,000	No	4	S	Direct
Common Stock	Disposition	2012-09-12	45,000	$6.04	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2012-09-10	187,500	$0.00	187,500	$5.18

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2013-01-02	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,819,442	Indirect	By Trust (4)
Common Stock	227,250	Indirect	By Trust (5)
Common Stock	1,157,808	Indirect	By Silver Hill Investments, LLC (6)
Common Stock	32,088	Indirect	By Trust (7)

Footnotes

Reflects the weighted average price of 68,649 shares of common stock of Pozen Inc. sold by the reporting person in multiple transactions on 9/10/12 with sale prices ranging from $6.20 to $6.43 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Reflects the weighted average price of 73,851 shares of common stock of Pozen Inc. sold by the reporting person in multiple transactions on 9/11/12 with sale prices ranging from $6.01 to $6.26 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Reflects the weighted average price of 45,000 shares of common stock of Pozen Inc. sold by the reporting person in multiple transactions on 9/12/12 with sale prices ranging from $6.00 to $6.09 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Beneficially owned by John R. Plachetka, indirectly, through the Revocable Declaration Trust u/a 1/31/2000, John R. Plachetka, Trustee.
Beneficially owned by John R. Plachetka, indirectly, through the Revocable Declaration Trust u/a 1/31/2000, Clare A. Plachetka, Trustee.
Beneficially owned by John R. Plachetka, indirectly, as manager of Silver Hill Investments, LLC. Silver Hill Investments LLC is 50% owned by the Family Trust under the John R. Plachetka Irrevocable Trust dated 4/20/2000, Wachovia Bank N.A. and Clare A. Plachetka, Trustees (the "Family Trust"); 40% owned by the Revocable Declaration of Trust u/a 1/31/2000, John R. Plachetka, Trustee; and 10% owned by the Revocable Declaration of Trust u/a 1/31/2000, Clare A. Plachetka, Trustee.
Beneficially owned by John R. Plachetka, indirectly, through the Family Trust. The shares in the Family Trust are held in trust for the benefit of Clare A. Plachetka and John R. and Clare A. Plachetka's children.
The option vested in four equal annual installments, with the initial vesting date occurring on January 2, 2004 and with the option expiring on January 2, 2013.