Filing Details

Accession Number:
0001209191-19-049104
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-09-10 21:03:11
Reporting Period:
2019-09-09
Accepted Time:
2019-09-10 21:03:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1080709 Arena Pharmaceuticals Inc ARNA Pharmaceutical Preparations (2834) 232908305
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1170362 W Steven Spector C/O Arena Pharmaceuticals, Inc.
6154 Nancy Ridge Drive
San Diego CA 92121
Evp, General Counsel & Sec 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 2019-09-09 3,274 $32.50 22,964 No 4 M Direct
Common Stock Acquisiton 2019-09-09 5,810 $17.90 28,774 No 4 M Direct
Common Stock Acquisiton 2019-09-09 12,373 $15.50 41,147 No 4 M Direct
Common Stock Disposition 2019-09-09 21,200 $50.48 19,947 No 4 S Direct
Common Stock Disposition 2019-09-09 10,257 $51.23 9,690 No 4 S Direct
Common Stock Acquisiton 2019-09-10 12,627 $15.50 22,317 No 4 M Direct
Common Stock Disposition 2019-09-10 12,627 $50.28 9,690 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S 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 Employee Stock Option (right to buy) Disposition 2019-09-09 3,274 $0.00 3,274 $32.50
Common Stock Employee Stock Option (right to buy) Disposition 2019-09-09 5,810 $0.00 5,810 $17.90
Common Stock Employee Stock Option (right to buy) Disposition 2019-09-09 12,373 $0.00 12,373 $15.50
Common Stock Employee Stock Option (right to buy) Disposition 2019-09-10 12,627 $0.00 12,627 $15.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,726 2020-03-17 No 4 M Direct
9,189 2022-12-15 No 4 M Direct
40,127 2023-03-02 No 4 M Direct
27,500 2023-03-02 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.99, inclusive. The reporting person undertakes to provide Arena Pharmaceuticals, Inc., any security holder of Arena 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 Footnotes 2, 3, and 4 to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.00 to $51.59, inclusive.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.59, inclusive.
  5. The options vested in four equal annual installments beginning on March 17, 2011, and were immediately exercisable once vested.
  6. The options vest in four equal annual installments beginning on December 15, 2016, and are immediately exercisable once vested.
  7. The options vest in four equal annual installments beginning on March 2, 2017, and are immediately exercisable once vested.