[Form 4/A] Alkermes plc. Amended Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Alkermes plc director Richard Gaynor reported an amended insider filing reflecting equity awards granted as compensation. He received a restricted stock unit award for 5,409 units, each representing a contingent right to receive one ordinary share.
He was also granted a non-qualified stock option for 11,538 ordinary shares with an exercise price of $36.98 per share, expiring on May 20, 2036. All shares subject to these awards vest, and for the option become exercisable, in full on the earlier of the one-year anniversary of the grant date or the issuer’s next annual general meeting of shareholders that occurs at least 50 weeks after the grant date. The amendment corrects previously misreported vesting terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GAYNOR RICHARD
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non Qualified Stock Option (Right to Buy) | 11,538 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit Award | 5,409 | $0.00 | -- |
Holdings After Transaction:
Non Qualified Stock Option (Right to Buy) — 11,538 shares (Direct, null);
Restricted Stock Unit Award — 5,409 shares (Direct, null)
Footnotes (1)
- Shares subject to the award vest (and if applicable, become exercisable) in full on the earlier of the one-year anniversary of the date of grant or the date of the issuer's next annual general meeting of shareholders that occurs at least 50 weeks after the date of grant. This amendment is being filed to reflect the vesting terms applicable to this award, which were reported incorrectly on the original Form 4. The correct vesting schedule is set forth in Footnote 1 above. Each restricted stock unit represents a contingent right to receive one ordinary share.
Key Figures
Restricted stock units granted: 5,409 units
Stock options granted: 11,538 options
Option exercise price: $36.98 per share
+3 more
6 metrics
Restricted stock units granted
5,409 units
Award to director Richard Gaynor
Stock options granted
11,538 options
Non-qualified stock option award
Option exercise price
$36.98 per share
Non-qualified stock option strike price
Option expiration date
May 20, 2036
Non-qualified stock option term end
Shares underlying RSUs
5,409 ordinary shares
Each RSU equals one share
Shares underlying options
11,538 ordinary shares
Underlying security for stock options
Key Terms
Restricted Stock Unit Award, Non Qualified Stock Option, contingent right, annual general meeting of shareholders
4 terms
Restricted Stock Unit Award financial
"security_title: Restricted Stock Unit Award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Non Qualified Stock Option financial
"security_title: Non Qualified Stock Option (Right to Buy)"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one ordinary share."