Jennifer Jarrett - 11 Jun 2021 Form 4 Insider Report for ARENA PHARMACEUTICALS INC

Role
Director
Signature
/s/ Andrew J. Cronauer, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
11 Jun 2021
Net transactions value
$0
Form type
4
Filing time
15 Jun 2021, 17:24:02 UTC
Previous filing
07 Jun 2021
Next filing
21 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARNA Common Stock Award $0 +3,067 +38% $0.000000 11,217 11 Jun 2021 Direct F1

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 ARNA Stock Option (right to buy) Award $0 +7,202 $0.000000 7,202 11 Jun 2021 Common Stock 7,202 $65.19 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount represents restricted stock units that vest in full on the earliest of June 11, 2022, or the date of Arena's next annual meeting of stockholders. The shares underlying the restricted stock units will be issued upon vesting and release of the restricted stock units.
F2 The options vest in 12 equal monthly installments (except as otherwise necessary to avoid vesting of a fractional share) over one year beginning on July 11, 2021 with the final installment vesting upon the earlier of the one-year anniversary of the grant date or the date of the next annual stockholders' meeting, and are exercisable once vested.