0001171843-16-010992.txt : 20160706
0001171843-16-010992.hdr.sgml : 20160706
20160706205914
ACCESSION NUMBER: 0001171843-16-010992
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160701
FILED AS OF DATE: 20160706
DATE AS OF CHANGE: 20160706
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AKORN INC
CENTRAL INDEX KEY: 0000003116
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 720717400
STATE OF INCORPORATION: LA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1925 W. FIELD COURT, SUITE 300
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
BUSINESS PHONE: 847-279-6100
MAIL ADDRESS:
STREET 1: 1925 W. FIELD COURT, SUITE 300
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ABRAMOWITZ KENNETH
CENTRAL INDEX KEY: 0001234710
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32360
FILM NUMBER: 161755385
MAIL ADDRESS:
STREET 1: 485 HALF DAY ROAD SUITE 300
CITY: BUFFALO GROVE
STATE: IL
ZIP: 60089-6548
4
1
f4_abramowitz070616.xml
OWNERSHIP DOCUMENT
X0306
4
2016-07-01
0
0000003116
AKORN INC
AKRX
0001234710
ABRAMOWITZ KENNETH
1925 WEST FIELD COURT SUITE 300
LAKE FOREST
IL
60045
1
0
0
0
Common Stock
2016-07-01
4
A
0
4661
0.00
A
23171
D
Common Stock
16160
I
See footnote
Stock Options (Right to Buy)
29.50
2016-07-01
4
A
0
11602
0.00
A
2023-07-01
Common Stock
11602
11602
D
The Restricted Stock Units vest in four equal installments with one installment vesting immediately on the grant date of July 1, 2016 and the remaining three installments vesting on July 1, 2017, July 1, 2018 and July 1, 2019. Following the reported transaction the amount of shares beneficially owned includes 3,495 unvested shares subject to restricted stock awards and 19,676 shares owned outright.
These shares are held by various family members of Mr. Abramowitz.
The Stock Options vest in four equal installments with one installment vesting immediately on the grant date of July 1, 2016 and the remaining three installments vesting on July 1, 2017, July 1, 2018 and July 1, 2019.
/s/ Joseph Bonaccorsi, Attorney-in-Fact
2016-07-06