Austin D. Kim - 06 Jan 2022 Form 4 Insider Report for ACADIA PHARMACEUTICALS INC (ACAD)

Signature
/s/ Austin D. Kim
Issuer symbol
ACAD
Transactions as of
06 Jan 2022
Net transactions value
-$13,231
Form type
4
Filing time
10 Jan 2022, 17:24:45 UTC
Next filing
25 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACAD Common Stock Options Exercise +1,633 +13% 13,774 06 Jan 2022 Direct F1, F2
transaction ACAD Common Stock Sale $13,231 -574 -4.2% $23.05 13,200 06 Jan 2022 Direct 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 ACAD Restricted Stock Units Options Exercise $0 -1,633 -33% $0.000000 3,267 06 Jan 2022 Common Stock 1,633 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 Includes 365 shares of the Issuer's common stock acquired by the reporting person on May 15, 2021 and 405 shares acquired by the reporting person on November 15, 2021, pursuant to an employee stock purchase program.
F3 The sales reported in this Form 4 were made to cover the tax obligation that occurred upon the vesting of restricted stock units.
F4 The restricted stock units vest in four equal annual installments beginning January 6, 2021.