PTC THERAPEUTICS, INC. — Director's Dealing 2020

Dec 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PTC THERAPEUTICS, INC. (PTCT)
CIK: 0001070081
Period of Report: 2020-12-07

Reporting Person: Peltz Stuart Walter (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-07	Common Stock	M	7590	$10.85	Acquired	63675	Direct
2020-12-07	Common Stock	S	3090	$59.559	Disposed	60585	Direct
2020-12-07	Common Stock	S	1200	$60.868	Disposed	59385	Direct
2020-12-07	Common Stock	S	1200	$61.927	Disposed	58185	Direct
2020-12-07	Common Stock	S	400	$63.21	Disposed	57785	Direct
2020-12-07	Common Stock	S	1600	$64.407	Disposed	56185	Direct
2020-12-07	Common Stock	S	100	$65.12	Disposed	56085	Direct
2020-12-07	Common Stock	M	2115	$10.85	Acquired	58200	Direct
2020-12-07	Common Stock	S	815	$59.515	Disposed	57385	Direct
2020-12-07	Common Stock	S	400	$60.681	Disposed	56985	Direct
2020-12-07	Common Stock	S	400	$61.885	Disposed	56585	Direct
2020-12-07	Common Stock	S	500	$64.42	Disposed	56085	Direct
2020-12-07	Common Stock	M	3104	$10.85	Acquired	59189	Direct
2020-12-07	Common Stock	S	1255	$59.517	Disposed	57934	Direct
2020-12-07	Common Stock	S	600	$60.948	Disposed	57334	Direct
2020-12-07	Common Stock	S	449	$61.875	Disposed	56885	Direct
2020-12-07	Common Stock	S	500	$64.01	Disposed	56385	Direct
2020-12-07	Common Stock	S	300	$64.707	Disposed	56085	Direct
2020-12-07	Common Stock	M	7208	$27.05	Acquired	63293	Direct
2020-12-07	Common Stock	S	2808	$59.565	Disposed	60485	Direct
2020-12-07	Common Stock	S	1100	$60.724	Disposed	59385	Direct
2020-12-07	Common Stock	S	1300	$61.827	Disposed	58085	Direct
2020-12-07	Common Stock	S	100	$62.465	Disposed	57985	Direct
2020-12-07	Common Stock	S	1200	$64.16	Disposed	56785	Direct
2020-12-07	Common Stock	S	700	$64.82	Disposed	56085	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-07	Stock Option (Right to Buy)	$10.85	M	7590	Disposed	2023-05-15	Common Stock (7590)	Direct
2020-12-07	Stock Option (Right to Buy)	$10.85	M	2115	Disposed	2023-05-15	Common Stock (2115)	Direct
2020-12-07	Stock Option (Right to Buy)	$10.85	M	3104	Disposed	2023-05-15	Common Stock (3104)	Direct
2020-12-07	Stock Option (Right To Buy)	$27.05	M	7208	Disposed	2024-01-27	Common Stock (7208)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right To Buy)	$490.8	2021-04-27	Common Stock (541.0)	541	Direct
Stock Option (Right To Buy)	$218.4	2022-01-10	Common Stock (416.0)	416	Direct
Stock Option (Right To Buy)	$51.0	2025-01-01	Common Stock (300000.0)	300000	Direct
Stock Option (Right To Buy)	$30.86	2026-01-03	Common Stock (175000.0)	175000	Direct
Stock Option (Right To Buy)	$11.23	2027-01-02	Common Stock (26000)	26000	Direct
Stock Option (Right To Buy)	$18.01	2028-01-02	Common Stock (200000.0)	200000	Direct
Stock Option (Right To Buy)	$33.02	2029-01-21	Common Stock (265000.0)	265000	Direct
Stock Option (Right To Buy)	$33.02	2029-01-21	Common Stock (55000.0)	55000	Direct
Stock Option (Right To Buy)	$51.16	2030-01-28	Common Stock (192500.0)	192500	Direct

Footnotes

F1: This transaction was effected pursuant to a written Rule 10b5-1 plan adopted by the Reporting Person on November 6, 2020.

F2: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $59.12 to $60.05 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 $60.48 to $61.43 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 $61.54 to $62.42 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 $62.80 to $63.36 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 $63.81 to $64.74 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 $59.11 to $59.99 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.

F8: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $60.46 to $61.06 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: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $61.54 to $62.26 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.

F10: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $64.20 to $64.70 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.

F11: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $59.11 to $60.05 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.

F12: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $60.56 to $61.54 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.

F13: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $61.58 to $62.18 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.

F14: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $63.68 to $64.39 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.

F15: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $64.68 to $64.74 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.

F16: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $59.11 to $60.10 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.

F17: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $60.22 to $61.05 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.

F18: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $61.42 to $62.34 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.

F19: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $63.68 to $64.63 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.

F20: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $64.69 to $65.21 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.

F21: Currently exercisable.

F22: 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.

F23: 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.

F24: 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.

F25: 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.

F26: This option was granted on January 29, 2020 and vests over four years, with 25% of the shares underlying the option vesting on January 29, 2021, 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 29, 2021.