0001209191-17-002226.txt : 20170105
0001209191-17-002226.hdr.sgml : 20170105
20170105171321
ACCESSION NUMBER: 0001209191-17-002226
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170103
FILED AS OF DATE: 20170105
DATE AS OF CHANGE: 20170105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Vanda Pharmaceuticals Inc.
CENTRAL INDEX KEY: 0001347178
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 030491827
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2200 PENNSYLVANIA AVE NW
STREET 2: SUITE 300E
CITY: WASHINGTON
STATE: DC
ZIP: 20037
BUSINESS PHONE: 202-734-3400
MAIL ADDRESS:
STREET 1: 2200 PENNSYLVANIA AVE NW
STREET 2: SUITE 300E
CITY: WASHINGTON
STATE: DC
ZIP: 20037
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Baroldi Paolo
CENTRAL INDEX KEY: 0001368393
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34186
FILM NUMBER: 17511767
MAIL ADDRESS:
STREET 1: C/O VANDA PHARMACEUTICALS INC.
STREET 2: 2200 PENNSYLVANIA AVENUE SUITE 300E
CITY: WASHINGTON
STATE: DC
ZIP: 20037
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-01-03
0
0001347178
Vanda Pharmaceuticals Inc.
VNDA
0001368393
Baroldi Paolo
2200 PENNSYLVANIA AVENUE
SUITE 300E
WASHINGTON
DC
20037
0
1
0
0
SVP & Chief Medical Officer
Common Stock
2017-01-03
4
M
0
12500
A
53165
D
Common Stock
2017-01-03
4
M
0
5000
A
58165
D
Common Stock
2017-01-03
4
M
0
5000
A
63165
D
Common Stock
2017-01-03
4
M
0
7500
A
70665
D
Common Stock
2017-01-03
4
S
0
16300
15.5077
A
54365
D
Restricted Stock Unit
2017-01-03
4
M
0
12500
0.00
A
Common Stock
12500
0
D
Restricted Stock Unit
2017-01-03
4
M
0
5000
0.00
A
Common Stock
5000
5000
D
Restricted Stock Unit
2017-01-03
4
M
0
5000
0.00
A
Common Stock
5000
10000
D
Restricted Stock Unit
2017-01-03
4
M
0
7500
0.00
A
Common Stock
7500
22500
D
Each Restricted Stock Unit ("RSU") represents a contingent right to receive a share of the Issuer's common stock.
Represents shares of the Issuer's common stock sold to satisfy tax obligations relating to the acquisition of shares of the Issuer's common stock in connection with the settlement of the vested portion of RSUs as reflected in this Form 4. Such sale was executed pursuant to an irrevocable election made by the Reporting Person during an open trading window under a program approved by the Compensation Committee of the Issuer's Board of Directors.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.30 to $15.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
The RSUs shall vest in four (4) equal annual installments beginning January 1, 2014, provided Reporting Person has remained in continuous service with the Issuer on each applicable vesting date. Vested shares will be delivered on the First Permissible Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest.
Not Applicable.
The RSUs shall vest in four (4) equal annual installments beginning January 1, 2015, provided Reporting Person remains continuously employed by the Issuer through each annual vesting date. Vested shares will be delivered on the First Permissible Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest.
The RSUs shall vest in four (4) equal annual installments beginning January 1, 2016, provided Reporting Person remains continuously employed by the Issuer through each annual vesting date. Vested shares will be delivered on the First Permissible Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest.
The RSUs shall vest in four (4) equal annual installments beginning January 1, 2017, provided Reporting Person remains continuously employed by the Issuer through each annual vesting date. Vested shares will be delivered on the First Permissible Trading Day (as defined in the RSU Agreement) that occurs on or after the day when the RSUs vest.
/s/ Paolo Baroldi
2017-01-05