Filing Details

Accession Number:
0001209191-20-034542
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-04 18:34:52
Reporting Period:
2020-06-02
Accepted Time:
2020-06-04 18:34:52
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
1612551 Amit Munshi C/O Arena Pharmaceuticals, Inc.
6154 Nancy Ridge Drive
San Diego CA 92121
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 2020-06-02 50,000 $14.60 57,750 No 4 M Direct
Common Stock Disposition 2020-06-02 50,000 $65.00 7,750 No 4 S Direct
Common Stock Acquisiton 2020-06-03 8,139 $14.60 15,889 No 4 M Direct
Common Stock Acquisiton 2020-06-03 41,861 $15.50 57,750 No 4 M Direct
Common Stock Disposition 2020-06-03 12,010 $67.36 45,740 No 4 S Direct
Common Stock Disposition 2020-06-03 20,028 $68.61 25,712 No 4 S Direct
Common Stock Disposition 2020-06-03 17,962 $69.26 7,750 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 M Direct
No 4 S Direct
No 4 S 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 2020-06-02 50,000 $0.00 50,000 $14.60
Common Stock Employee Stock Option (right to buy) Disposition 2020-06-03 8,139 $0.00 8,139 $14.60
Common Stock Employee Stock Option (right to buy) Disposition 2020-06-03 41,861 $0.00 41,861 $15.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
65,000 2024-02-13 No 4 M Direct
56,861 2024-02-13 No 4 M Direct
338,139 2023-05-11 No 4 M Direct
Footnotes
  1. The transactions 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 $66.91 to $67.87, 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 $67.94 to $68.93, inclusive.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.97 to $69.68, inclusive.
  5. The options vest over four years, with 25% of the shares subject to the option vesting on February 13, 2018, and the remainder of the shares vesting monthly over the following three years in equal installments (except as otherwise necessary to avoid vesting of a fractional share), and are exercisable once vested.
  6. The options vested over four years, with 25% of the shares subject to the option vesting on May 11, 2017, and the remainder of the shares vesting monthly over the following three years in equal installments (except as otherwise necessary to avoid vesting of a fractional share), and are exercisable once vested.