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PTC THERAPEUTICS, INC. — Director's Dealing 2019
Mar 8, 2019
31046_dirs_2019-03-07_ba601aa3-5e2e-4b0d-b3b4-9ce9bb293509.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: 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.