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	192792	$27.05	Acquired	248877	Direct
2020-12-07	Common Stock	S	85113	$59.556	Disposed	163764	Direct
2020-12-07	Common Stock	S	34036	$60.636	Disposed	129728	Direct
2020-12-07	Common Stock	S	33443	$61.68	Disposed	96285	Direct
2020-12-07	Common Stock	S	13984	$62.435	Disposed	82301	Direct
2020-12-07	Common Stock	S	6494	$63.674	Disposed	75807	Direct
2020-12-07	Common Stock	S	18022	$64.625	Disposed	57785	Direct
2020-12-07	Common Stock	S	1700	$65.775	Disposed	56085	Direct
2020-12-07	Common Stock	M	18125	$11.23	Acquired	74210	Direct
2020-12-07	Common Stock	S	7652	$59.58	Disposed	66558	Direct
2020-12-07	Common Stock	S	3332	$60.842	Disposed	63226	Direct
2020-12-07	Common Stock	S	2852	$61.903	Disposed	60374	Direct
2020-12-07	Common Stock	S	747	$63.01	Disposed	59627	Direct
2020-12-07	Common Stock	S	3242	$64.363	Disposed	56385	Direct
2020-12-07	Common Stock	S	300	$65.193	Disposed	56085	Direct
2020-12-07	Common Stock	M	137500	$18.01	Acquired	193585	Direct
2020-12-07	Common Stock	S	61768	$59.56	Disposed	131817	Direct
2020-12-07	Common Stock	S	22902	$60.662	Disposed	108915	Direct
2020-12-07	Common Stock	S	23543	$61.676	Disposed	85372	Direct
2020-12-07	Common Stock	S	9927	$62.413	Disposed	75445	Direct
2020-12-07	Common Stock	S	5520	$63.652	Disposed	69925	Direct
2020-12-07	Common Stock	S	13530	$64.607	Disposed	56395	Direct
2020-12-07	Common Stock	S	310	$65.705	Disposed	56085	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-07	Stock Option (Right To Buy)	$27.05	M	192792	Disposed	2024-01-27	Common Stock (192792)	Direct
2020-12-07	Stock Option (Right To Buy)	$11.23	M	18125	Disposed	2027-01-02	Common Stock (18125)	Direct
2020-12-07	Stock Option (Right To Buy)	$18.01	M	137500	Disposed	2028-01-02	Common Stock (137500)	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)	$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 $59.11 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.

F3: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $60.11 to $61.10 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.

F4: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $61.11 to $62.10 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.

F5: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $62.11 to $62.95 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 $63.14 to $64.12 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 $64.18 to $65.11 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 $65.54 to $66.05 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.

F9: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $59.12 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.

F10: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $60.49 to $61.45 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 $61.53 to $62.43 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.

F12: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $62.64 to $63.43 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.

F13: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $63.82 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.

F14: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $64.92 to $65.67 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 $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.

F16: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $60.11 to $61.10 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 $61.11 to $62.10 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.

F18: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $62.11 to $63.00 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.

F19: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $63.19 to $64.18 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.

F20: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $64.19 to $65.03 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: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $65.54 to $66.05 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.

F22: Currently exercisable.

F23: 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.

F24: 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.

F25: 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.

F26: 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.

F27: 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.