Bruce Wesson - Jan 2, 2024 Form 4 Insider Report for ACURA PHARMACEUTICALS, INC (ACUR)

Signature
/s/ Bruce Wesson
Stock symbol
ACUR
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/2/2024, 03:20 PM
Previous filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACUR Common Stock Options Exercise +37.5K +4.73% 830K Jan 2, 2024 Direct F1, F2, 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 ACUR Restricted Stock Units (2021 Plan) Options Exercise -37.5K -75% 12.5K Jan 2, 2024 Common Stock 37.5K Direct F2, F4, F5, F6
transaction ACUR Restricted Stock Units (2021 Plan) Disposed to Issuer -12.5K -100% 0 Jan 2, 2024 Common Stock 0 Direct F2, F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents exchange of restricted stock units.
F2 Par value of $.01 per share must be paid by Reporting Person upon exchange of Restricted Stock Units for stock
F3 Does not include Restricted Stock Units.
F4 1 - for - 1
F5 50,000 Restricted Stock Units were granted on January 3, 2023. 25% of Restricted Stock Units vested on the last day of each of March, June, and September 2023. Restricted Stock Units are being exchanged on a one for one basis for common stock, in each case upon payment of par value.
F6 N/A
F7 25% of the 50,000 Restricted Stock Units granted on January 3, 2023 did not vest and were forfeited due to the departure of the Director in September 2023.