Filing Details

Accession Number:
0001171843-14-005849
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-12-10 16:04:45
Reporting Period:
2014-12-08
Filing Date:
2014-12-10
Accepted Time:
2014-12-10 16:04:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
3116 Akorn Inc AKRX Pharmaceutical Preparations (2834) 720717400
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1324254 R John Sabat 1925 West Field Court Suite 300
Lake Forest IL 60045
Sr. V.p. National Accts Sales No 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 2014-12-08 25,000 $1.46 65,256 No 4 M Direct
Common Stock Disposition 2014-12-08 25,000 $40.04 40,256 No 4 S Direct
Common Stock Acquisiton 2014-12-09 18,173 $2.61 58,429 No 4 M Direct
Common Stock Disposition 2014-12-09 18,173 $41.21 40,256 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2014-12-08 25,000 $0.00 25,000 $1.46
Common Stock Stock Options (Right to Buy) Disposition 2014-12-09 18,173 $0.00 18,173 $2.61
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-02-22 No 4 M Direct
0 2015-05-21 No 4 M Direct
Footnotes
  1. Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $40.00 to $40.15 per share. The reporting person will provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at separate prices within the foregoing range.
  2. Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $41.20 to $41.31 per share. The reporting person will provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at separate prices within the foregoing range.
  3. Amount of Shares Beneficially Owned Following Reported Transaction includes 2,882 unvested shares subject to restricted stock awards and 37,374 shares owned outright.
  4. The option vested in three annual installments with 25,000 options vesting on each of February 22, 2011, February 22, 2012, and February 22, 2013.
  5. There was no consideration given in exchange for the security.
  6. The option vested in three annual installments with 13,333 options vesting on each of May 21, 2011 and May 21, 2012, and 13,334 options vesting on May 21, 2013.