Filing Details

Accession Number:
0001209191-14-042147
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-17 19:08:32
Reporting Period:
2014-06-13
Filing Date:
2014-06-17
Accepted Time:
2014-06-17 19:08:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
891288 Questcor Pharmaceuticals Inc QCOR Pharmaceutical Preparations (2834) 330476164
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1223697 M Don Bailey 1300 North Kellogg Drive
Suite D
Anaheim CA 92807
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-06-13 40,000 $5.12 139,000 No 4 M Indirect Held by the Bailey 1995 Family Trust
Common Stock Disposition 2014-06-13 2,000 $87.29 137,000 No 4 S Indirect Held by the Bailey 1995 Family Trust
Common Stock Disposition 2014-06-13 7,594 $88.96 129,406 No 4 S Indirect Held by the Bailey 1995 Family Trust
Common Stock Disposition 2014-06-13 30,406 $90.21 99,000 No 4 S Indirect Held by the Bailey 1995 Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect Held by the Bailey 1995 Family Trust
No 4 S Indirect Held by the Bailey 1995 Family Trust
No 4 S Indirect Held by the Bailey 1995 Family Trust
No 4 S Indirect Held by the Bailey 1995 Family Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2014-06-13 40,000 $0.00 40,000 $5.12
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
100,000 2020-01-18 No 4 M Indirect
Footnotes
  1. As of the date of this Form 4, the reporting person holds Questcor Pharmaceuticals, Inc. stock options to purchase 825,000 shares of common stock; of such amount, 682,812 shares are fully vested and exercisable. The reporting person also holds 377,237 shares of Questcor Pharmaceuticals, Inc. common stock, of which 278,237 shares are held directly by the reporting person.
  2. Options were granted under the Questcor Pharmaceuticals, Inc. 2006 Equity Incentive Award Plan.
  3. The option was granted on 01/19/2010 for the right to buy 280,000 shares of common stock of the Issuer. The option provided for monthly vesting over 48 months from the date of grant, with a 12-month cliff, whereby no options vested until after the twelfth month from the date of the grant.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.19 - $87.42, $88.38 - $89.37 and $89.41 - $90.21, respectively. The reporting person undertakes to provide Questcor Pharmaceuticals, Inc., any security holder of Questcor Pharmaceuticals, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.