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PTC THERAPEUTICS, INC. — Director's Dealing 2021
Jan 8, 2021
31046_dirs_2021-01-08_6c55bc6e-b1b2-433d-b66d-b282dfc82ae3.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: 2021-01-06
Reporting Person: Klein Matthew B. (Chief Development Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-06 | Common Stock | A | 9000 | — | Acquired | 19309 | Direct |
| 2021-01-07 | Common Stock | M | 3886 | $38.98 | Acquired | 23195 | Direct |
| 2021-01-07 | Common Stock | S | 3886 | $68.98 | Disposed | 19309 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-06 | Stock Option (Right to Buy) | $66.49 | A | 52500 | Acquired | 2031-01-05 | Common Stock (52500) | Direct |
| 2021-01-07 | Stock Option (Right to Buy) | $39.98 | M | 3886 | Disposed | 2029-10-24 | Common Stock (3886) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $47.49 | 2030-04-15 | Common Stock (50000) | 50000 | Direct |
Footnotes
F1: Restricted stock units granted on January 6, 2021 that vest in four equal installments over four years, commencing on January 6, 2022.
F2: Includes 155 shares of common stock acquired under the Issuer's employee stock purchase plan for the period ending June 30, 2020 and 154 shares of common stock acquired under the Issuer's employee stock purchase plan for the period ending December 31, 2020.
F3: This transaction was effected pursuant to a written Rule 10b5-1 plan adopted by the Reporting Person on December 2, 2020.
F4: This option was granted on January 6, 2021, and vests over four years, with 25% of the shares underlying the option vesting on January 6, 2022, 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 6, 2022.
F5: This option was granted on October 25, 2019, and vests over four years, with 25% of the shares underlying the option vesting on October 28, 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 on January 28, 2021.
F6: This option was granted on April 16, 2020, and vests over four years, with 25% of the shares underlying the option vesting on April 16, 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 July 16, 2021.