Sec Form 4 Filing - KUTINSKY BRUCE @ AKORN INC - 2017-08-03

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person KUTINSKY BRUCE 2. Issuer Name and Ticker or Trading Symbol AKORN INC [ AKRX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Operating Officer (Last) (First) (Middle) 1925 WEST FIELD COURT SUITE 300 3. Date of Earliest Transaction (MM/DD/YY) 08/03/2017 (Street) LAKE FOREST, IL60045 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 08/03/2017 M 100,000 A $ 13.35 317,480 D Common Stock 08/03/2017( 1 ) S 40,000 D $ 33.46 ( 2 ) 277,480 D Common Stock 08/03/2017( 3 ) F 25,541 D $ 33.45 ( 4 ) 251,939 ( 5 ) D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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 Stock Options (Right to Buy) $ 13.35 08/03/2017 M 100,000 ( 6 ) 08/03/2017 Common Stock 100,000 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other KUTINSKY BRUCE 1925 WEST FIELD COURT SUITE 300 LAKE FOREST, IL60045 Chief Operating Officer Signatures /s/ Joseph Bonaccorsi, Attorney-in-Fact 08/07/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Proceeds from the sale were used to pay the exercise price for this option exercise. ( 2 )Represents the weighted average sale price of the shares sold. The shares were sold at prices ranging from $33.41 to $33.51. Upon request, the reporting person will provide to the SEC staff full information regarding the number of shares sold at separate prices within the foregoing range. ( 3 )The shares were withheld for the payment of the taxes due upon exercise of the options. ( 4 )Equals the closing market price of Akorn common stock on August 3, 2017. ( 5 )Following the reported transaction, the amount of shares beneficially owned consists of 55,203 unvested RSUs and 196,736 shares owned outright. ( 6 )The stock options vested in four equal installments of 25,000 each on August 3, 2013, August 3, 2014, August 3, 2015 and August 3, 2016.

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).

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