Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACAD | Common Stock | Options Exercise | +14.9K | +156.73% | 24.4K | May 17, 2023 | Direct | F1 | ||
transaction | ACAD | Common Stock | Options Exercise | +14.9K | +61.05% | 39.2K | May 17, 2023 | Direct | F1 | ||
transaction | ACAD | Common Stock | Sale | -$335K | -14.9K | -37.91% | $22.50 | 24.4K | May 17, 2023 | Direct | F2 |
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 | -14.9K | -37.5% | $0.00 | 24.8K | May 17, 2023 | Common Stock | 14.9K | Direct | F1, F3 | |
transaction | ACAD | Restricted Stock Units | Options Exercise | $0 | -14.9K | -37.5% | $0.00 | 24.8K | May 17, 2023 | Common Stock | 14.9K | Direct | F1, F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of 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 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. |
F4 | 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. In addition, these restricted stock units may vest earlier upon the Issuer's common stock achieving a specified price per share over a specified trading period. |