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PTC THERAPEUTICS, INC. — Director's Dealing 2015
Feb 26, 2015
31046_dirs_2015-02-25_1e13ec9b-b4fb-45a0-a678-6319d1aac8b0.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: 2015-02-23
Reporting Person: Rothera Mark (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-23 | Common Stock | S | 3000 | $64.72 | Disposed | 0 | Direct |
| 2015-02-23 | Common Stock | M | 20000 | $10.85 | Acquired | 20000 | Direct |
| 2015-02-23 | Common Stock | S | 5000 | $62.69 | Disposed | 15000 | Direct |
| 2015-02-23 | Common Stock | S | 5000 | $63.66 | Disposed | 10000 | Direct |
| 2015-02-23 | Common Stock | S | 10000 | $67.84 | Disposed | 0 | Direct |
| 2015-02-24 | Common Stock | M | 1000 | $10.85 | Acquired | 1000 | Direct |
| 2015-02-24 | Common Stock | S | 1000 | $67.70 | Disposed | 0 | Direct |
| 2015-02-25 | Common Stock | M | 10375 | $10.85 | Acquired | 10375 | Direct |
| 2015-02-25 | Common Stock | M | 625 | $10.85 | Acquired | 11000 | Direct |
| 2015-02-25 | Common Stock | S | 11000 | $73.49 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-23 | Stock Option (Right To Buy) | $10.85 | M | 20000 | Disposed | 2023-05-15 | Common Stock (20000) | Direct |
| 2015-02-24 | Stock Option (Right To Buy) | $10.85 | M | 1000 | Disposed | 2023-05-15 | Common Stock (1000) | Direct |
| 2015-02-25 | Stock Option (Right To Buy) | $10.85 | M | 10375 | Disposed | 2023-05-15 | Common Stock (10375) | Direct |
| 2015-02-25 | Stock Option (Right To Buy) | $10.85 | M | 625 | Disposed | 2015-05-15 | Common Stock (625) | Direct |
Footnotes
F1: The transactions reported in this Form 4 were effected pursuant to a written Rule 10b5-1 plan.
F2: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $64.30 to $65.05 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.
F3: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $62.30 to $63.04 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.
F4: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $63.20 to $64.04 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 $67.70 to $68.29 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 $73.35 to $73.97 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 option was granted on May 15, 2013 and vests over four years, with 25% of the shares underlying the option vested on May 15, 2014 and an additional 2.083% of the original number of shares underlying the option vesting monthly thereafter beginning on June 15, 2014.
F8: This option was granted on May 15, 2013 and vests over four years, with 25% of the shares underlying the option vested on December 31, 2013 and an additional 2.083% of the original number of shares underlying the option vesting monthly thereafter beginning on January 31, 2014.