0001171843-16-010997.txt : 20160706
0001171843-16-010997.hdr.sgml : 20160706
20160706210104
ACCESSION NUMBER: 0001171843-16-010997
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: Akorn Holdings, L.P.
CENTRAL INDEX KEY: 0001661544
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32360
FILM NUMBER: 161755392
BUSINESS ADDRESS:
STREET 1: 225 EAST DEERPATH ROAD
STREET 2: SUITE 250
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
BUSINESS PHONE: 847-295-8666
MAIL ADDRESS:
STREET 1: 225 EAST DEERPATH ROAD
STREET 2: SUITE 250
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KAPOOR JOHN N
CENTRAL INDEX KEY: 0001033150
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32360
FILM NUMBER: 161755393
MAIL ADDRESS:
STREET 1: 225 E DEERPATH RD STE 250
CITY: LAKE FOREST
STATE: IL
ZIP: 60045
4
1
f4_kapoor070616.xml
OWNERSHIP DOCUMENT
X0306
4
2016-07-01
0
0000003116
AKORN INC
AKRX
0001033150
KAPOOR JOHN N
1925 WEST FIELD COURT SUITE 300
LAKE FOREST
IL
60045
1
0
1
0
0001661544
Akorn Holdings, L.P.
100 NORTH FIELD DRIVE
SUITE 150
LAKE FOREST
IL
60045
0
0
1
0
Common Stock
2016-07-01
4
A
0
4661
0.00
A
505391
D
Common Stock
4907524
I
By Trust
Common Stock
15050000
I
Indirect Managing General Partner
Common Stock
2970644
I
Indirect Managing General Partner
Common Stock
3590445
I
Indirect Managing General Partner
Common Stock
4427462
I
By Trusts
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 501,896 shares owned outright.
These securities are beneficially owned solely by Dr. John N. Kapoor, who is a member of a "group" with Akorn Holdings, L.P. for purposes of Section 13(d) of the Exchange Act.
Shares held by the John N. Kapoor Trust dated September 20, 1989, of which Dr. Kapoor is sole trustee and beneficiary.
Shares held by Akorn Holdings, LP, a Delaware limited partnership, of which Dr. Kapoor is the indirect managing general partner. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
Shares held by EJ Financial / Akorn Management L.P., a Delaware limited partnership, of which Dr. Kapoor is the indirect managing general partner. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
Shares held by EJ Funds LP, a Delaware limited partnership, of which Dr. Kapoor is the indirect managing general partner. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
Shares held through several trusts, the trustee of which is employed by a company controlled by Dr. Kapoor and the beneficiaries of which include Dr. Kapoor's children and various other family members. Dr. Kapoor disclaims beneficial ownership of such shares except to the extent of his actual pecuniary interest therein.
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 for the Reporting Persons
2016-07-06