Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

PTC THERAPEUTICS, INC. Director's Dealing 2019

Mar 8, 2019

31046_dirs_2019-03-07_ba601aa3-5e2e-4b0d-b3b4-9ce9bb293509.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PTC THERAPEUTICS, INC. (PTCT)
CIK: 0001070081
Period of Report: 2019-03-05

Reporting Person: Utter Christine Marie (Principal Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-03-05 Common Stock S 1509 $34.78 Disposed 5937 Direct
2019-03-05 Common Stock S 1000 $35.25 Disposed 4937 Direct
2019-03-05 Common Stock M 1150 $10.85 Acquired 6087 Direct
2019-03-05 Common Stock S 540 $34.71 Disposed 5547 Direct
2019-03-05 Common Stock S 610 $35.17 Disposed 4937 Direct
2019-03-05 Common Stock M 18750 $13.10 Acquired 23687 Direct
2019-03-05 Common Stock S 9929 $34.75 Disposed 13758 Direct
2019-03-05 Common Stock S 8821 $35.21 Disposed 4937 Direct
2019-03-05 Common Stock M 6300 $11.23 Acquired 11237 Direct
2019-03-05 Common Stock S 2760 $34.70 Disposed 8477 Direct
2019-03-05 Common Stock S 3540 $35.17 Disposed 4937 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-03-05 Stock Option (Right To Buy) $10.85 M 1150 Disposed 2023-05-15 Common Stock (1150.0) Direct
2019-03-05 Stock Option (Right To Buy) $13.1 M 18750 Disposed 2027-06-02 Common Stock (18750.0) Direct
2019-03-05 Stock Option (Right To Buy) $11.23 M 6300 Disposed 2027-01-02 Common Stock (6300.0) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right To Buy) $490.8 2021-04-27 Common Stock (74.0) 74 Direct
Stock Option (Right To Buy) $218.4 2022-01-10 Common Stock (21.0) 21 Direct
Stock Option (Right To Buy) $27.05 2024-01-28 Common Stock (3369.0) 3369 Direct
Stock Option (Right To Buy) $40.45 2024-09-23 Common Stock (4688.0) 4688 Direct
Stock Option (Right To Buy) $51.0 2025-01-02 Common Stock (17800.0) 17800 Direct
Stock Option (Right To Buy) $30.86 2026-01-03 Common Stock (11000.0) 11000 Direct
Stock Option (Right To Buy) $18.01 2028-01-02 Common Stock (40000.0) 40000 Direct
Stock Option (Right To Buy) $33.02 2029-01-21 Common Stock (42500.0) 42500 Direct
Stock Option (Right To Buy) $33.02 2029-01-21 Common Stock (10100.0) 10100 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 $34.29 to $34.98 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 $35.00 to $35.60 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 $34.29 to $34.94 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.

F5: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $34.96 to $35.40 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 $34.06 to $34.99 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 $35.00 to $35.71 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 $34.96 to $35.44 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.

F9: Currently exercisable.

F10: This option was granted on June 2, 2017, and vests over two years, with 50% of the shares underlying the option vesting on June 2, 2018, and an additional 12.5% of the original number of shares underlying the option vesting at the end of each successive three-month period thereafter, beginning on September 2, 2018.

F11: This option was granted on January 3, 2017, and vests over four years, with 25% of the shares underlying the option vesting on January 3, 2018, and an additional 6.25% of the original number of shares underlying the option vesting at the end of each successive three-month period thereafter, beginning on April 3, 2018.

F12: This option was granted on January 4, 2016 and vests over four years, with 25% of the shares underlying the option vested on January 4, 2017, and an additional 6.25% of the original number of shares underlying the option vesting at the end of each successive three-month period thereafter, beginning on April 4, 2017.

F13: This option was granted on January 3, 2018, and vests over four years, with 25% of the shares underlying the option vesting on January 3, 2019, and an additional 6.25% of the original number of shares underlying the option vesting at the end of each successive three-month period thereafter, beginning on April 3, 2019.

F14: This option was granted on January 22, 2019 and vests over four years, with 25% of the shares underlying the option vesting on January 22, 2020, and an additional 6.25% of the original number of shares underlying the option vesting at the end of each successive three-month period thereafter, beginning April 22, 2020.

F15: This option was granted on January 22, 2019 and vests over four years, with 50% of the shares underlying the option vesting on January 22, 2022, and the remaining 50% of the original number of shares underlying the option vesting on January 22, 2023.