Sec Form 4 Filing - OCAMPO CHRISTINE @ AVANIR PHARMACEUTICALS, INC. - 2013-05-15

Insider filing report for Changes in Beneficial Ownership
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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
OCAMPO CHRISTINE
2. Issuer Name and Ticker or Trading Symbol
AVANIR PHARMACEUTICALS, INC. [ AVNR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President, Finance
(Last) (First) (Middle)
20 ENTERPRISE, SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
05/15/2013
(Street)
ALISO VIEJO, CA92656
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 05/15/2013 S( 1 ) 20,000 D $ 3.2916 ( 2 ) 65,652 ( 3 ) D
Common Stock 05/15/2013 M 4,000 A $ 0.88 69,652 ( 3 ) D
Common Stock 05/15/2013 M 15,000 A $ 0.88 84,652 ( 3 ) D
Common Stock 05/15/2013 M 38,700 A $ 0.88 123,352 ( 3 ) D
Common Stock 05/15/2013 S( 1 ) 57,700 D $ 3.2828 ( 2 ) 65,652 ( 3 ) D
Common Stock 3,000 I By Individual Retirement Account
Common Stock 11,900 I by spouse
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 Option (right to buy) $ 0.88 05/15/2013 M 4,000 ( 4 ) 07/25/2018 Common Stock 4,000 $ 0 0 D
Stock Option (right to buy) $ 0.88 05/15/2013 M 15,000 ( 5 ) 07/25/2018 Common Stock 15,000 $ 0 0 D
Stock Option (right to buy) $ 0.88 05/15/2013 M 38,700 ( 6 ) 07/25/2018 Common Stock 38,700 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
OCAMPO CHRISTINE
20 ENTERPRISE, SUITE 200
ALISO VIEJO, CA92656
Vice President, Finance
Signatures
/s/ Christine G. Ocampo 05/17/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sales reported on this Form 4 were effected pursuant to a trading plan adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. A portion of the proceeds from the sale will be used to pay required tax withholdings due upon the vesting of Restricted Stock Units granted to the Reporting Person. Following the sales reported on this Form 4, the Reporting Person has a total of 220,194 options to purchase shares of common stock that are vested and immediately exercisable and a total of 154,856 options to purchase shares of common stock that have not yet vested. Following the sales reported on this Form 4, the Reporting Person also has 48,297 unvested Restricted Stock Units, of which 22,715 are performance-based Restricted Stock Units.
( 2 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.22 to $3.38, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
( 3 )Includes previously reported shares of common stock underlying Restricted Stock Units granted to the Reporting Person, which are subject to certain vesting conditions.
( 4 )This option, representing a right to purchase a total of 16,000 shares, became exercisable with respect to 6.25% of the underlying shares on December 16, 2008 and with respect to 6.25% of the underlying shares on a quarterly basis for 15 quarters thereafter; this option is currently vested in full.
( 5 )This option, representing a right to purchase a total of 48,000 shares, became exercisable with respect to 6.25% of the underlying shares on March 13, 2009 and with respect to 6.25% of the underlying shares on a quarterly basis for 15 quarters thereafter; this option is currently vested in full.
( 6 )This option, representing a right to purchase a total of 103,200 shares, became exercisable with respect to 6.25% of the underlying shares on August 10, 2009 and with respect to 6.25% of the underlying shares on a quarterly basis for 15 quarters thereafter; this option is currently vested in full.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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