Stephen Davis - 01 May 2024 Form 4 Insider Report for ACADIA PHARMACEUTICALS INC (ACAD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 May 2024, 18:00:28 UTC
Prior SEC filing
09 Apr 2024
Next SEC filing
20 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jennifer J. Rhodes, Attorney-in-Fact

Key filing fact

Stephen Davis filed Form 4 for ACADIA PHARMACEUTICALS INC (ACAD) on 03 May 2024.

Key facts

  • This page summarizes Stephen Davis's Form 4 filing for ACADIA PHARMACEUTICALS INC (ACAD).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 May 2024, 18:00.

Change

  • Previous filing in this sequence was filed on 09 Apr 2024.
  • Current net transaction value: -$193,573.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACAD transaction

Common Stock

Options Exercise

Transaction value
Shares
+22,391
Change %
+16%
Price
Shares after
166,658
Date
01 May 2024
Ownership
Direct
Footnotes
F1
ACAD transaction

Common Stock

Sale

Transaction value
$193,573
Shares
-11,427
Change %
-6.9%
Price
$16.94
Shares after
155,231
Date
02 May 2024
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACAD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-22,391
Change %
-25%
Price
$0.000000
Shares after
67,173
Date
01 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,391
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

Footnote F2

The mandatory sales reported in this Form 4 were made to cover withholding taxes and tax related items imposed by the Issuer in connection with the vesting of restricted stock units, and it is intended to comply with the requirements of Rule 10b5-1(c)(1)(i)(B) under the Exchange Act and be interpreted to meet the requirements of Rule 10b5-1(c).

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.94 to $17.015, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, 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 range set forth above.

Footnote F4

The restricted stock units vest in four equal annual installments beginning May 1, 2024.

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