Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MNKD | Employee Stock Option (Right to Buy) | Award | $0 | +45K | $0.00 | 45K | Aug 7, 2023 | Common Stock, $0.01 Par Value | 45K | $1.47 | Direct | F3 | |
transaction | MNKD | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -22.5K | -50% | $0.00 | 22.5K | Nov 15, 2024 | Common Stock, $0.01 Par Value | 22.5K | $1.47 | Direct | |
transaction | MNKD | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -22.5K | -50% | $0.00 | 22.5K | Nov 15, 2024 | Common Stock, $0.01 Par Value | 22.5K | $1.47 | Direct | |
transaction | MNKD | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -22.5K | -50% | $0.00 | 22.5K | Nov 15, 2024 | Common Stock, $0.01 Par Value | 22.5K | $1.47 | Direct | |
transaction | MNKD | Deferred Restricted Stock Unit | Award | $0 | +17.6K | $0.00 | 17.6K | Nov 18, 2024 | Common Stock, $0.01 Par Value | 17.6K | Direct | F4, F5 |
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).
Id | Content |
---|---|
F1 | Transaction occurred pursuant to Rule 10b5-1 Plan established August 16, 2024. |
F2 | The weighted average sales price of the reported transaction was $6.76 based on a range of prices between $6.63 and $7.05. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided. |
F3 | On August 24, 2017, the reporting person was granted an option that vests upon the achievement of certain defined performance milestones. On August 7, 2023, one of the defined performance milestones was met, resulting in the vesting of the option. |
F4 | Each restricted stock unit represents a contingent right to receive one share of MNKD common stock. |
F5 | Restricted stock unit vested on November 18, 2024, but the shares will not be delivered until there is a separation of service from the board of directors of MannKind Corporation. |