Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARNA | Common Stock | Options Exercise | $717K | +17.5K | +108.69% | $40.95 | 33.6K | Aug 3, 2021 | Direct | F1 |
transaction | ARNA | Common Stock | Sale | -$335K | -5.61K | -16.68% | $59.84 | 28K | Aug 3, 2021 | Direct | F1, F2 |
transaction | ARNA | Common Stock | Sale | -$716K | -11.9K | -42.49% | $60.20 | 16.1K | Aug 3, 2021 | Direct | F1, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARNA | Employee Stock Option (right to buy) | Options Exercise | $0 | -17.5K | -13.73% | $0.00 | 110K | Aug 3, 2021 | Common Stock | 17.5K | $40.95 | Direct | F1, F4 |
Id | Content |
---|---|
F1 | The transactions reported in this line item of this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person. |
F2 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.63 to $59.99, inclusive. The reporting person undertakes to provide Arena Pharmaceuticals, Inc., any security holder of Arena Pharmaceuticals, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 2 and 3 to this Form 4. |
F3 | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.74, inclusive. |
F4 | The options vest over four years, with 25% of the shares subject to the option vesting on November 26, 2019, and the remainder of the shares vesting monthly over the following three years in equal installments (except as otherwise necessary to avoid vesting of a fractional share), and are exercisable once vested. |