Ashish M. Sagrolikar - Jul 2, 2021 Form 4 Insider Report for ZOGENIX, INC. (ZGNX)

Role
EVP & CHIEF COMMERCIAL OFFICER
Signature
/s/ Michael P. Smith, Attorney-in-fact for Ashish Sagrolikar
Stock symbol
ZGNX
Transactions as of
Jul 2, 2021
Transactions value $
-$19,762
Form type
4
Date filed
7/6/2021, 06:49 PM
Next filing
Aug 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZGNX Common Stock Options Exercise $0 +3.5K +25.44% $0.00 17.3K Jul 2, 2021 Direct F1, F2
transaction ZGNX Common Stock Tax liability -$19.8K -1.11K -6.45% $17.74 16.1K Jul 2, 2021 Direct 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 ZGNX Restricted Stock Units Options Exercise $0 -3.75K -50% $0.00 3.75K Jul 2, 2021 Common Stock 3.75K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one share of the Company's common stock.
F2 Includes 1,018 shares acquired under the Company's Employee Stock Purchase Plan since the last Section 16 filing by the Reporting Person.
F3 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of RSUs granted to the Reporting Person.
F4 The RSUs were granted on July 2, 2018 and vest as to 1/4th of the original number of shares subject to the RSU award on the one-year anniversary of the date of grant, and thereafter as to 1/4th of the original number of shares subject to the RSU award on each of the following three anniversaries, subject to the Reporting Person's continued service to the Company on the applicable vesting dates.
F5 Not applicable.