Steven B. Binder - Jul 15, 2024 Form 4 Insider Report for MANNKIND CORP (MNKD)

Signature
/s/ Steven B. Binder
Stock symbol
MNKD
Transactions as of
Jul 15, 2024
Transactions value $
-$82,306
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 Award $2.47K +800 +0.07% $3.09 1.12M Jun 30, 2024 Direct F1
transaction MNKD Common Stock, $0.01 Par Value Tax liability -$68K -11.7K -1.05% $5.83 1.1M Jul 15, 2024 Direct F2
transaction MNKD Common Stock, $0.01 Par Value Sale -$16.8K -2.84K -0.26% $5.93 1.1M Jul 16, 2024 Direct F3
* 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 Shares acquired through the Issuer's Employee Stock Purchase Plan.
F2 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.
F3 Transaction occurred pursuant to Rule 10b5-1 Plan established August 18, 2023.