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PTC THERAPEUTICS, INC. — Director's Dealing 2020
Oct 8, 2020
31046_dirs_2020-10-07_e0054f26-9e10-4f4a-a92b-c66b51b9f4c7.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: 2020-10-05
Reporting Person: Utter Christine Marie (SVP, Finance & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-05 | Common Stock | M | 787 | $11.23 | Acquired | 10349 | Direct |
| 2020-10-05 | Common Stock | S | 787 | $48.68 | Disposed | 9562 | Direct |
| 2020-10-06 | Common Stock | M | 2500 | $18.01 | Acquired | 12062 | Direct |
| 2020-10-06 | Common Stock | S | 2500 | $50.083 | Disposed | 9562 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-05 | Stock Option (Right To Buy) | $11.23 | M | 787 | Disposed | 2027-01-02 | Common Stock (787.0) | Direct |
| 2020-10-06 | Stock Option (Right to Buy) | $18.01 | M | 2500 | Disposed | 2028-01-02 | Common Stock (2500) | 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) | $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 (10310.0) | 10310 | 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 |
| Stock Option (Right To Buy) | $51.16 | 2030-01-28 | Common Stock (23800.0) | 23800 | Direct |
Footnotes
F1: This transaction was effected pursuant to a written Rule 10b5-1 plan adopted by the reporting person on December 1, 2019.
F2: This price represents the weighted average price of sale transactions that were executed in multiple trades at prices ranging from $50.00 to $50.36 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.
F3: 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.
F4: 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.
F5: Currently exercisable.
F6: 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.
F7: 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.
F8: 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 on April 29, 2021.