Austin D. Kim - 29 Apr 2023 Form 4 Insider Report for ACADIA PHARMACEUTICALS INC (ACAD)

Signature
/s/ Austin D. Kim
Issuer symbol
ACAD
Transactions as of
29 Apr 2023
Net transactions value
-$19,422
Form type
4
Filing time
02 May 2023, 19:06:34 UTC
Previous filing
07 Apr 2023
Next filing
03 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACAD Common Stock Options Exercise +3,005 +13% 26,430 29 Apr 2023 Direct F1
transaction ACAD Common Stock Sale $19,422 -917 -3.5% $21.18 25,513 01 May 2023 Direct F2

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 -3,005 -100% $0.000000* 0 29 Apr 2023 Common Stock 3,005 Direct F1, F3
* 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 ACADIA 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 restricted stock units vest in four equal annual installments beginning 4/29/2020.