Accession Number: | 0001171843-14-004355 |
Date: | 2014-09-11 |
Issuer: | AKORN INC (AKRX) |
Original Submission Date: |
BONACCORSI JOSEPH
1925 WEST FIELD COURT SUITE 300
LAKE FOREST, IL 60045
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2014-09-11 | M | 250,000 | a | $0.81 | 427,474 | direct | ||
COMMON STOCK | 2014-09-11 | S | 116,800 | d | $37.89 | 310,674 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTIONS (RIGHT TO BUY) | 0.81 | 2014-09-11 | deemed execution date | M | 250,000 (d) | 2009-05-06 | 2019-05-06 | common stock 250,000 | $0.81 | 0 | direct |
ID | footnote |
---|---|
f1 | proceeds from the sale were used to pay exercise price and taxes due upon exercise of options. |
f2 | reflects the weighted average sale price of the shares sold. the shares were sold in multiple trades at prices ranging from $37.81 to $38.02 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. |
f3 | amount of shares beneficially owned following reported transaction includes 104,414 unvested shares subject to restricted stock awards and 206,260 shares owned outright. |
f4 | there was no consideration given in exchange for the security. |