David Thomson - Jul 15, 2024 Form 4 Insider Report for MANNKIND CORP (MNKD)

Signature
/s/ David Thomson
Stock symbol
MNKD
Transactions as of
Jul 15, 2024
Transactions value $
-$92,023
Form type
4
Date filed
7/17/2024, 07:49 PM
Previous filing
May 21, 2024
Next filing
Aug 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNKD Common Stock, $0.01 Par Value Tax liability -$73.6K -12.6K -1.44% $5.83 861K Jul 15, 2024 Direct F1
transaction MNKD Common Stock, $0.01 Par Value Sale -$18.5K -3.12K -0.36% $5.93 858K Jul 16, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3 incident to the vesting of previously reported restricted stock units.
F2 Transaction occurred pursuant to Rule 10b5-1 Plan established September 5, 2023.