ACADIA Pharmaceuticals (ACAD) Form 3 ACADIA PHARMACEUTICALS / Brendan Teehan ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Teehan Brendan

(Last) (First) (Middle)

C/O ACADIA PHARMACEUTICALS INC.

12830 EL CAMINO REAL, SUITE 400

(Street)

SAN DIEGO CA 92130

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/01/2021

3. Issuer Name and Ticker or Trading Symbol
ACADIA PHARMACEUTICALS INC [ ACAD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP, COO, Head of Commercial

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	807	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	(1)	07/15/2028	Common Stock	52,500	16.87	D
Employee Stock Option (Right to Buy)	(2)	04/28/2029	Common Stock	10,993	25.12	D
Employee Stock Option (Right to Buy)	(3)	01/05/2030	Common Stock	9,336	42.81	D
Employee Stock Option (Right to Buy)	(4)	02/22/2031	Common Stock	8,152	49.74	D
Restricted Stock Units	(5)	(5)	Common Stock	3,134	(6)	D
Restricted Stock Units	(7)	(7)	Common Stock	3,859	(6)	D
Restricted Stock Units	(8)	(8)	Common Stock	4,427	(6)	D

Explanation of Responses:

1. 25% of the 70,000 shares originally subject to the stock option vested and became exercisable on July 16, 2019, and the remaining shares vest and become exercisable in 36 equal monthly installments thereafter.

2. 25% of the shares subject to the Stock Option vested and became exercisable on April 29, 2020, and the remaining shares vest and become exercisable in 36 equal monthly installments thereafter.

3. 25% of the shares subject to the Stock Option vested and became exercisable on January 6, 2021, and the remaining shares vest and become exercisable in 36 equal monthly installments thereafter.

4. 25% of the shares subject to the Stock Option vest and become exercisable on February 23, 2022, and the remaining shares vest and become exercisable in 36 equal monthly installments thereafter.

5. 50% of the shares subject to the restricted stock units vest on each of April 29, 2022 and April 29, 2023.

6. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

7. One-third of the shares subject to the restricted stock units vest on each of January 6, 2022, January 6, 2023 and January 6, 2024.

8. The restricted stock units vest in four equal annual installments beginning February 23, 2022.

Remarks:

	/s/ Austin D. Kim, Attorney-in-Fact	11/05/2021
	** 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 5 (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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