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PTC THERAPEUTICS, INC. — Director's Dealing 2014
Sep 26, 2014
31046_dirs_2014-09-26_645fb71a-161e-42f0-aaa7-d1293bfa5aee.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PTC THERAPEUTICS, INC. (PTCT)
CIK: 0001070081
Period of Report: 2014-09-24
Reporting Person: Rothera Mark (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-24 | Common Stock | M | 900 | $10.85 | Acquired | 17900 | Direct |
| 2014-09-24 | Common Stock | S | 900 | $43.86 | Disposed | 17000 | Direct |
| 2014-09-24 | Common Stock | S | 2000 | $42.88 | Disposed | 15000 | Direct |
| 2014-09-25 | Common Stock | M | 4099 | $10.85 | Acquired | 19099 | Direct |
| 2014-09-25 | Common Stock | M | 3001 | $10.85 | Acquired | 22100 | Direct |
| 2014-09-25 | Common Stock | S | 7100 | $44.15 | Disposed | 15000 | Direct |
| 2014-09-25 | Common Stock | S | 3000 | $44.92 | Disposed | 12000 | Direct |
| 2014-09-26 | Common Stock | S | 3000 | $46.90 | Disposed | 9000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-09-24 | Stock Option (Right To Buy) | $10.85 | M | 900 | Disposed | 2023-05-15 | Common Stock (900) | Direct |
| 2014-09-25 | Stock Option (Right To Buy) | $10.85 | M | 4099 | Disposed | 2023-05-15 | Common Stock (4099) | Direct |
| 2014-09-25 | Stock Option (Right To Buy) | $10.85 | M | 3001 | Disposed | 2023-05-15 | Common Stock (3001) | Direct |
Footnotes
F1: The transactions reported in this Form 4 were effected pursuant to a written Rule 10b5-1 plan adopted by the reporting person on August 21, 2013, as amended on March 17, 2014 and August 12, 2014.
F2: This option was granted on May 15, 2013. 25% of the grant vested on December 31, 2013. The remainder vests as to 1/48 of the shares underlying such option each month until December 2016.
F3: This option was granted on May 15, 2013. 25% of the grant vested on May 15, 2014. The remainder vests as to 1/48 of the shares underlying such option each month until May 2017.
F4: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $43.85 to $43.89 per share. The reporting person hereby undertakes, upon request by the SEC staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F5: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $42.85 to $42.94 per share. The reporting person hereby undertakes, upon request by the SEC staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F6: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $43.85 to $44.38 per share. The reporting person hereby undertakes, upon request by the SEC staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F7: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $44.85 to $45.05 per share. The reporting person hereby undertakes, upon request by the SEC staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F8: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $46.85 to $46.93 per share. The reporting person hereby undertakes, upon request by the SEC staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.