Home/Filings/4/0001171843-16-012147
4//SEC Filing

AKORN INC 4

Accession 0001171843-16-012147

CIK 0000003116operating

Filed

Sep 12, 8:00 PM ET

Accepted

Sep 13, 6:31 PM ET

Size

5.2 KB

Accession

0001171843-16-012147

Insider Transaction Report

Form 4
Period: 2016-09-09
RAI RAJAT
Interim CEO
Transactions
  • Tax Payment

    Common Stock

    2016-09-09$26.47/sh11,264$298,1582,177,090 total
Footnotes (2)
  • [F1]Represents the closing stock price of Akorn's common stock on September 2, 2016, which was the most recent trading day prior to the vesting date of the underlying restricted stock units, which vested on Labor Day, Monday, September 5, 2016. The election to satisfy the tax obligation related to this vesting by having the Company withhold the necessary number of shares of Akorn common stock was made on September 9, 2016.
  • [F2]Following the reported transaction the amount of shares beneficially owned includes 89,551 unvested shares subject to restricted stock awards and 2,087,539 shares owned outright.

Issuer

AKORN INC

CIK 0000003116

Entity typeoperating
IncorporatedLA

Related Parties

1
  • filerCIK 0000003116

Filing Metadata

Form type
4
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 6:31 PM ET
Size
5.2 KB