Audet Craig Michael 4
4 · ARENA PHARMACEUTICALS INC · Filed May 21, 2013
Insider Transaction Report
Form 4
Audet Craig Michael
SVP, Opn & Head Glob Reg Afrs
Transactions
- Exercise/Conversion
Common Stock
2013-05-21$1.28/sh+37,500$48,000→ 52,500 total - Exercise/Conversion
Employee Stock Option (right to buy)
2013-05-21−37,500→ 37,500 totalExercise: $1.28Exp: 2021-05-15→ Common Stock (37,500 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2013-05-21−46,250→ 138,750 totalExercise: $1.81Exp: 2022-03-19→ Common Stock (46,250 underlying) - Sale
Common Stock
2013-05-21$8.00/sh−83,750$670,000→ 15,000 total - Exercise/Conversion
Common Stock
2013-05-21$1.81/sh+46,250$83,713→ 98,750 total
Footnotes (2)
- [F1]The options, representing a right to purchase a total of 75,000 shares, vest in four equal annual installments, and are exercisable once vested. The first and second installments became exercisable on May 15, 2012, and May 15, 2013, respectively, and the third and fourth installments vest on May 15, 2014, and May 15, 2015, respectively.
- [F2]The options, representing a right to purchase a total of 185,000 shares, vest in four equal annual installments, and are exercisable once vested. The first installment became exercisable on March 19, 2013, and the second, third and fourth installments vest on March 19, 2014, March 19, 2015, and March 19, 2016, respectively.