Ashish M. Sagrolikar - 09 Aug 2021 Form 4 Insider Report for ZOGENIX, INC.

Role
EVP & CHIEF OPERATING OFFICER
Signature
/s/ Michael P. Smith, Attorney-in-fact for Ashish Sagrolikar
Issuer symbol
N/A
Transactions as of
09 Aug 2021
Net transactions value
$0
Form type
4
Filing time
11 Aug 2021, 21:21:54 UTC
Previous filing
06 Jul 2021
Next filing
09 Mar 2022
SEC
View on sec.gov

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 Stock Option (Right to Buy) Award $0 +20,000 $0.000000 20,000 09 Aug 2021 Common Stock 20,000 $14.86 Direct F1
transaction ZGNX Restricted Stock Units Award $0 +10,000 $0.000000 10,000 09 Aug 2021 Common Stock 10,000 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vests as to 1/48 of the total shares monthly beginning September 5, 2021 until the option is fully vested on August 5, 2025, subject to the option recipient's continuous service to the Company on each such vesting date.
F2 Each restricted stock unit represents a contingent right to receive one share of Zogenix common stock.
F3 The restricted stock units vests in four equal installments on each of August 5, 2022, 2023, 2024 and 2025, subject to the reporting person's continuous service to the Company on each such vesting date.
F4 Not applicable.