William J. Peters - 06 Sep 2023 Form 4 Insider Report for Amphastar Pharmaceuticals, Inc. (AMPH)

Role
CFO, EVP & Treasurer, Director
Signature
/s/ William J. Peters
Issuer symbol
AMPH
Transactions as of
06 Sep 2023
Net transactions value
-$2,186,400
Form type
4
Filing time
08 Sep 2023, 16:08:31 UTC
Previous filing
20 Jun 2023
Next filing
16 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMPH Common Stock Options Exercise $197,900 +10,000 +9.5% $19.79 115,603 06 Sep 2023 Direct
transaction AMPH Common Stock Options Exercise $429,888 +21,250 +18% $20.23 136,853 06 Sep 2023 Direct
transaction AMPH Common Stock Options Exercise $329,008 +25,250 +18% $13.03 162,103 06 Sep 2023 Direct
transaction AMPH Common Stock Sale $3,140,112 -60,684 -37% $51.75 101,419 06 Sep 2023 Direct F1, F2
transaction AMPH Common Stock Sale $3,083 -59 -0.06% $52.26 101,360 06 Sep 2023 Direct F1, F3

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 AMPH Employee Stock Option (right to buy) Options Exercise $0 -10,000 -66% $0.000000 5,053 06 Sep 2023 Common Stock 10,000 $19.79 Direct F4
transaction AMPH Employee Stock Option (right to buy) Options Exercise $0 -21,250 -37% $0.000000 36,475 06 Sep 2023 Common Stock 21,250 $20.23 Direct F4
transaction AMPH Employee Stock Option (right to buy) Options Exercise $0 -25,250 -27% $0.000000 69,100 06 Sep 2023 Common Stock 25,250 $13.03 Direct F5
* 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 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.26 to $52.24, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.26 to $52.265, inclusive.
F4 Shares subject to the option are fully vested and immediately exercisable.
F5 Shares subject to the option vest in four equal annual installments beginning on March 16, 2021.