SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
COHEN RON

(Last) (First) (Middle)
420 SAW MILL RIVER ROAD

(Street)
ARDSLEY NY 10502

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ACORDA THERAPEUTICS INC [ ACOR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/02/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/02/2015 M 8,811 (1) A $6 421,211 D
Common Stock 10/02/2015 M 70,358 (1) A $5.85 491,569 D
Common Stock 10/02/2015 M 500 (1) A $8.5 492,069 D
Common Stock 10/02/2015 M 54,421 (1) A $15.49 546,490 D
Common Stock 10/02/2015 S 134,090 (1) D $28.0121 (2) 412,400 D
Common Stock 10/05/2015 M 910 (1) A $15.49 413,310 D
Common Stock 10/05/2015 S 910 (1) D $30.1 412,400 D
Common Stock 100,000 I Beneficial Ownership in Trust (3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $6 10/02/2015 M 8,811 (1) (4) 02/15/2016 Common Stock 8,811 $0.00 4,005 D
Employee Stock Option (right to buy) $5.85 10/02/2015 M 70,358 (1) (5) 03/17/2016 Common Stock 70,358 $0.00 14,642 D
Employee Stock Option (right to buy) $8.5 10/02/2015 M 500 (1) (6) 09/25/2016 Common Stock 500 $0.00 0 D
Employee Stock Option (right to buy) $15.49 10/02/2015 M 54,421 (1) (7) 12/21/2016 Common Stock 54,421 $0.00 51,673 D
Employee Stock Option (right to buy) $15.49 10/05/2015 M 910 (1) (7) 12/21/2016 Common Stock 910 $0.00 50,763 D
Explanation of Responses:
1. Exercises and sales pursuant to a 10b5-1 plan. All of the exercised options were scheduled to expire in 2016 on the expiration dates reported within Table II unless exercised. The reporting person sold the shares resulting from the option exercises with the intent to use the proceeds from those sales primarily to cover the exercise prices of the exercised options as well as to fund tax obligations resulting from the reported transactions and other transactions relating to issuer common stock awards granted to the reporting person.
2. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $28.00 to $28.14 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
3. These shares were previously reported as directly beneficially owned by the reporting person. On May 28, 2015, the reporting person contributed these shares to a grantor retained annuity trust established by the reporting person. The reporting person is the sole trustee of the grantor retained annuity trust.
4. The shares subject to these options vested in installments and were fully vested on 2/15/2010.
5. The shares subject to these options vested in installments and were fully vested on 11/10/2010.
6. The shares subject to these options vested in installments and were fully vested on 9/25/2010.
7. The shares subject to these options vested in installments and were fully vested on 1/1/2011.
Remarks:
/s/ Ron Cohen 10/06/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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