Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACAD | Stock Options (Right to Buy) | Award | $0 | +238K | $0.00 | 238K | Apr 5, 2022 | Common Stock | 238K | $25.75 | Direct | F1 | |
transaction | ACAD | Restricted Stock Units | Award | $0 | +69.3K | $0.00 | 69.3K | Apr 5, 2022 | Common Stock | 69.3K | Direct | F2, F3 | ||
transaction | ACAD | Restricted Stock Units | Award | $0 | +277K | $0.00 | 277K | Apr 5, 2022 | Common Stock | 277K | Direct | F2, F4 |
Id | Content |
---|---|
F1 | 25% of the shares subject to the Stock Option will vest and become exercisable on April 5, 2023. The remaining shares vest and become exercisable in 36 equal monthly installments thereafter. |
F2 | Each restricted stock unit represents a contingent right to receive one share of ACADIA common stock. |
F3 | The restricted stock units vest in four equal annual installments beginning April 5, 2023. |
F4 | Subject to accelerated vesting in certain circumstances, the restricted stock units vest as follows: 37.5% of the shares vest 18 months from the grant date; 12.5% of the shares vest on the second anniversary of the grant date; and 25% of the shares vest on each of the third and fourth anniversaries of the grant date. |