Steven B. Binder - Nov 22, 2024 Form 4 Insider Report for MANNKIND CORP (MNKD)

Role
Director
Signature
/s/ Steven B. Binder
Stock symbol
MNKD
Transactions as of
Nov 22, 2024
Transactions value $
-$366,045
Form type
4
Date filed
11/25/2024, 09:30 PM
Previous filing
Aug 29, 2024

Transactions Table

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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) Options Exercise $0 -22.5K -100% $0.00 0 Nov 22, 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 -100% $0.00 0 Nov 22, 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 -100% $0.00 0 Nov 22, 2024 Common Stock, $0.01 Par Value 22.5K $1.47 Direct
* 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 Transaction occurred pursuant to Rule 10b5-1 Plan established August 16, 2024.
F2 The weighted average sales price of the reported transaction was $6.89 based on a range of prices between $6.83 and $6.96. 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.