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Signature
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/s/ Austin D. Kim, Attorney-in-Fact
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Stock symbol
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ACAD
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Transactions as of
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Jul 14, 2023
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Transactions value $
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-$927,350
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Form type
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4
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Date filed
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7/18/2023, 06:00 PM
Transactions Table
Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
transaction |
ACAD |
Common Stock |
Options Exercise |
$2.08M |
+100K |
+272.52% |
$20.77 |
137K |
Jul 14, 2023 |
Direct |
|
transaction |
ACAD |
Common Stock |
Sale |
-$3M |
-100K |
-73.16% |
$30.04 |
36.7K |
Jul 14, 2023 |
Direct |
F1, 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 |
Stock Option (Right to Buy) |
Options Exercise |
$0 |
-100K |
-31.25% |
$0.00 |
220K |
Jul 14, 2023 |
Common Stock |
100K |
$20.77 |
Direct |
F3 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Explanation of Responses: