Robert B. Jones - Aug 3, 2022 Form 4 Insider Report for ACURA PHARMACEUTICALS, INC (ACUR)

Role
President & CEO
Signature
/s/ Robert B. Jones
Stock symbol
ACUR
Transactions as of
Aug 3, 2022
Transactions value $
$0
Form type
4
Date filed
8/5/2022, 04:17 PM
Previous filing
Mar 18, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACUR Common Stock Options Exercise +63.7K +13% 554K Aug 3, 2022 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACUR Restricted Stock Unit (2017 Plan) Options Exercise +13.7K +10.82% 140K Aug 3, 2022 Common Stock 13.7K $0.01 Direct F2, F4, F5
transaction ACUR Restricted Stock Unit (2017 Plan) Options Exercise +50K +125% 90K Aug 3, 2022 Common Stock 50K $0.01 Direct F2, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents exchange of restricted stock units.
F2 Par value of $.01 must be paid by Reporting Person upon exchange of Restricted Stock Units for stock.
F3 Does not include Restricted Stock Units.
F4 Not Applicable.
F5 41,000 Restricted Stock Units were granted on December 11, 2017 and were 100% vested on December 11, 2018. Distributions in respect of this vested Restricted Stock Units will be made in three equal installments in each of 2020, 2021, and 2022 or earlier upon a qualifying change of control which also meets certain criteria of Section 409A of the Internal Revenue Code.
F6 150,000 Restricted Stock Units were granted on December 11, 2018 and were 100% vested on December 11, 2019. Distributions in respect of this vested Restricted Stock Units will be made in three equal installments in each of 2021, 2022, and 2023 or earlier upon a qualifying change of control which also meets certain criteria of Section 409A of the Internal Revenue Code.