Srdjan R. Stankovic - 19 Nov 2022 Form 4 Insider Report for ACADIA PHARMACEUTICALS INC (ACAD)

Role
President
Signature
/s/ Austin D. Kim, Attorney-in-Fact
Issuer symbol
ACAD
Transactions as of
19 Nov 2022
Net transactions value
-$27,834
Form type
4
Filing time
22 Nov 2022, 15:34:37 UTC
Previous filing
18 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACAD Common Stock Options Exercise +6,250 +11% 63,081 19 Nov 2022 Direct F1
transaction ACAD Common Stock Sale $27,834 -1,847 -2.9% $15.07 61,234 21 Nov 2022 Direct 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 ACAD Restricted Stock Units Options Exercise $0 -6,250 -100% $0.000000* 0 21 Nov 2022 Common Stock 6,250 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 The sales reported in this Form 4 were made to cover the tax obligation that occurred upon the vesting of restricted stock units.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.99 to $15.07, 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 range set forth above.
F4 The restricted stock units vest in four equal annual installments beginning November 19, 2019.