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PTC THERAPEUTICS, INC. — Director's Dealing 2015
Jan 16, 2015
31046_dirs_2015-01-15_0d8de0a7-5962-423c-be0a-51e31c5d593e.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: 2015-01-13
Reporting Person: Rothera Mark (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-13 | Common Stock | S | 3000 | $56.51 | Disposed | 6000 | Direct |
| 2015-01-13 | Common Stock | M | 5500 | $10.85 | Acquired | 11500 | Direct |
| 2015-01-13 | Common Stock | S | 5500 | $58.75 | Disposed | 6000 | Direct |
| 2015-01-14 | Common Stock | M | 1200 | $10.85 | Acquired | 7200 | Direct |
| 2015-01-14 | Common Stock | S | 1200 | $58.62 | Disposed | 6000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-13 | Stock Option (Right To Buy) | $10.85 | M | 5500 | Acquired | 2023-05-15 | Common Stock (5500) | Direct |
| 2015-01-14 | Stock Option (Right To Buy) | $10.85 | M | 1200 | Acquired | 2023-05-15 | Common Stock (1200) | 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 $56.30 to $56.81 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 $58.60 to $59.00 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 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. One additional share was incorrectly reflected as exercised in the reporting person's Form 4 filed on September 26, 2014 and that error is corrected here.
F5: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $58.60 to $58.72 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.