X0306 4 2014-05-02 0 0000003116 AKORN INC AKRX 0001365174 Silverberg Mark M 1925 WEST FIELD COURT SUITE 300 LAKE FOREST IL 60045 0 1 0 0 Executive V.P., Quality Common Stock 2014-05-02 4 A 0 2882 0.00 A 50258 D Stock Options (Right to Buy) 24.74 2014-05-02 4 A 0 23220 0.00 A 2019-05-02 Common Stock 23220 23220 D The award was in the form of a grant of restricted shares, which will vest in four equal installments on May 2, 2015, May 2, 2016, May 2, 2017 and May 2, 2018, so long as the reporting person continues to be employed by the Company. There was no consideration given in exchange for the security. Amount of securities beneficially owned following reported transaction includes shares acquired through the reporting person's annual participation in the Employee Stock Purchase Plan, as follows: 2006 - 1,663 shares; 2007 - 2,269 shares; 2008 - 6,182 shares; 2009 - 15,064 shares; 2010 - 13,961 shares; 2011 - 4,118 shares; 2012 - 2,248 shares; and 2013 - 1,871 shares. The Stock Options vest in four equal installments on May 2, 2015, May 2, 2016, May 2, 2017 and May 2, 2018, so long as the reporting person continues to be employed by the Company. /s/ Mark M Silverberg 2014-05-06