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Major owner of ACADIA Pharmaceuticals Inc. was just granted 15,000 options

Bros. Advisors Baker, a major owner of ACADIA Pharmaceuticals Inc. and a director of the company, just received 15,000 options from the company. The strike price of the options received was $32.50, and these expire on December 10, 2025. Baker now owns at least 15,000 options on the company.

Some additional info was provided as follows:

15,000 non-qualified stock options ("Stock Options") convertible solely into common shares were granted to Julian C. Baker, a Managing Partner of Baker Bros. Advisors LP (the "Adviser") in his capacity as a director of ACADIA Pharmaceuticals Inc. (the "Issuer") in conjunction with his appointment to the Board of Directors of the Issuer on December 11, 2015. The Stock Options with a strike price of $32.50 vest 50% on each of the fi rst and second anniversary date of the grant and expire on December 10, 2025. Julian C. Baker and Dr. Biggar serve on the Board of Directors of the Issuer as representatives of Baker Brothers Life Sciences, L.P. ("Life Sciences"), 667, L.P. ("667") and 14159, L.P. ("14159", and together with 667 and Life Sciences, the "Funds")...

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