Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-23-031243
Date:2023-05-17
Issuer: ACADIA PHARMACEUTICALS INC (ACAD)
Original Submission Date:

Reporting Person:

SCHNEYER MARK C.
C/O ACADIA PHARMACEUTICALS INC.
12830 EL CAMINO REAL, SUITE 400 SAN DIEGO, CA 92130

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2023-05-17 M 14,869 a $0.00 22,346 direct
COMMON STOCK 2023-05-17 M 14,869 a $0.00 37,215 direct
COMMON STOCK 2023-05-17 S 15,310 d $22.50 21,905 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
RESTRICTED STOCK UNITS 0.0 2023-05-17 deemed execution date M 14,869 (d) common stock 14,869 $0.00 24,782 direct
RESTRICTED STOCK UNITS 0.0 2023-05-17 deemed execution date M 14,869 (d) common stock 14,869 $0.00 24,782 direct
Footnotes
IDfootnote
f1 each restricted stock unit represents a contingent right to receive one share of issuer's common stock.
f2 the sales reported in this form 4 were made to cover the tax obligation that occurred upon the vesting of restricted stock units.
f3 the restricted stock units vest as follows: 37.5% of the shares vest 18 months from the grant date; 12.5% of the shares vest on the second anniversary of the grant date; and 25% of the shares vest on each of the third and fourth anniversaries of the grant date.
f4 the restricted stock units vest as follows: 37.5% of the shares vest 18 months from the grant date; 12.5% of the shares vest on the second anniversary of the grant date; and 25% of the shares vest on each of the third and fourth anniversaries of the grant date. in addition, these restricted stock units may vest earlier upon the issuer's common stock achieving a specified price per share over a specified trading period.
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