Stephen Davis - 16 Aug 2024 Form 4 Insider Report for ACADIA PHARMACEUTICALS INC (ACAD)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
20 Aug 2024, 18:40:42 UTC
Prior SEC filing
03 May 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 20 Aug 2024.

Key facts

  • This page summarizes Stephen Davis's Form 4 filing for ACADIA PHARMACEUTICALS INC (ACAD).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 20 Aug 2024, 18:40.

Change

  • Previous filing in this sequence was filed on 03 May 2024.
  • Current net transaction value: -$485,094.

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

Award

Transaction value
$0
Shares
+17,333
Change %
+11%
Price
$0.000000
Shares after
173,520
Date
16 Aug 2024
Ownership
Direct
Footnotes
F1, F2
ACAD transaction

Common Stock

Award

Transaction value
$0
Shares
+44,782
Change %
+26%
Price
$0.000000
Shares after
218,302
Date
16 Aug 2024
Ownership
Direct
Footnotes
F3
ACAD transaction

Common Stock

Sale

Transaction value
$485,094
Shares
-31,747
Change %
-15%
Price
$15.28
Shares after
186,555
Date
19 Aug 2024
Ownership
Direct
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents acquisition of the Issuer's common stock upon vesting of the performance stock units granted to the Reporting Person on April 5, 2022 at incremental 25% of target. Together with the vesting on March 25, 2024, the performance stock units have vested at 75% of target.

Footnote F2

Includes 956 shares acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan on May 15, 2024.

Footnote F3

Represents acquisition of the Issuer's common stock upon vesting of the performance stock units granted to the Reporting Person on May 1, 2023 at 50% of target.

Footnote F4

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 performance 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 F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.28 to $15.325, 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.

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