Nicole R. Hadas - Feb 28, 2022 Form 4 Insider Report for Akebia Therapeutics, Inc. (AKBA)

Role
SVP, Chief Legal Officer
Signature
/s/ Carolyn Rucci, attorney-in-fact for Nicole R. Hadas
Stock symbol
AKBA
Transactions as of
Feb 28, 2022
Transactions value $
-$45,615
Form type
4
Date filed
3/2/2022, 08:10 PM
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKBA Common Stock Sale -$14.1K -6.56K -2.41% $2.15 266K Feb 28, 2022 Direct F1
transaction AKBA Common Stock Award $0 +50K +18.81% $0.00 316K Feb 28, 2022 Direct F2
transaction AKBA Common Stock Sale -$14.9K -6.87K -2.18% $2.17 309K Mar 1, 2022 Direct F3
transaction AKBA Common Stock Sale -$14.2K -6.56K -2.12% $2.17 302K Mar 1, 2022 Direct F4
transaction AKBA Common Stock Sale -$2.34K -1.08K -0.35% $2.17 304K Mar 1, 2022 Direct F5, F6

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 AKBA Employee Stock Option (Right to buy) Award $0 +200K $0.00 200K Feb 28, 2022 Common Stock 200K $2.16 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was made automatically by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of one-third of the reporting person's restricted stock units granted on February 26, 2021.
F2 The restricted stock units were granted by the Issuer pursuant to its 2014 Incentive Plan, as amended. One-third of the restricted stock units will vest on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued service with the Issuer on each vesting date.
F3 This sale was made automatically by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of one-third of the reporting person's restricted stock units granted on February 28, 2019.
F4 This sale was made automatically by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of one-third of the reporting person's restricted stock units granted on February 28, 2020.
F5 This sale was made automatically by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of one-third of the performance-based restricted stock units that were previously reported for the Reporting Person on a Form 4 filed on March 18, 2021.
F6 Includes 1,500 shares of the Issuers common stock purchased on June 30, 2021 and 1,500 shares of the Issuers common stock purchased on December 31, 2021, each under the Issuers 2014 Amended and Restated Employee Stock Purchase Plan.
F7 The options were granted by the Issuer pursuant to its 2014 Incentive Plan, as amended. The options will vest over four years: 25% of the options will vest on the first anniversary of the grant date with the remaining 75% vesting in equal quarterly installments thereafter, subject to the reporting person's continued service with the Issuer on each vesting date.