Filing Details
- Accession Number:
- 0001104659-13-052051
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-06-27 21:31:48
- Reporting Period:
- 2013-03-07
- Filing Date:
- 2013-06-27
- Accepted Time:
- 2013-06-27 21:31:48
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1070081 | Ptc Therapeutics Inc. | PTCT | Pharmaceutical Preparations (2834) | 043416587 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1185039 | Richard Aldrich | 1365 Main Street Waltham MA 02451 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-06-25 | 583,333 | $0.00 | 583,333 | No | 4 | C | Indirect | See Footnote |
Common Stock | Acquisiton | 2013-06-25 | 466,667 | $15.00 | 1,050,000 | No | 4 | P | Indirect | See Footnote |
Common Stock | Acquisiton | 2013-06-25 | 300,000 | $15.00 | 300,000 | No | 4 | P | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Indirect | See Footnote |
No | 4 | P | Indirect | See Footnote |
No | 4 | P | Indirect | See Footnote |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Series Four Senior Preferred Stock | Acquisiton | 2013-03-07 | 583,333 | $12.00 | 583,333 | $0.00 |
Common Stock | Stock Option (right to buy) | Acquisiton | 2013-05-15 | 20,000 | $10.85 | 20,000 | $10.85 |
Common Stock | Series Four Senior Preferred Stock | Disposition | 2013-06-25 | 583,333 | $0.00 | 583,333 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
583,333 | No | 4 | P | Indirect | ||
20,000 | 2023-05-15 | No | 4 | P | Direct | |
0 | No | 4 | C | Indirect |
Footnotes
- Each share of Series Four Senior Preferred Stock converted automatically into one share of Common Stock upon the closing of PTC Therapeutics, Inc.'s initial public offering without payment of further consideration. The Series Four Senior Preferred Stock had no expiration date.
- Shares held by Longwood Fund LP. The managing members of Longwood Fund LP, including Mr. Aldrich, share voting and investment power with respect to such shares. Mr. Aldrich disclaims beneficial ownership of the shares held by Longwood Fund LP except to the extent of any pecuniary interest therein.
- Shares held by RA Capital Biotech Fund LP. The managing members of RA Capital Biotech Fund LP, including Mr. Aldrich, share voting and investment power with respect to such shares. Mr. Aldrich disclaims beneficial ownership of the shares held by RA Capital Biotech Fund LP except to the extent of any pecuniary interest therein.
- This option was granted on May 15, 2013 and vests over three years, with 8.33% of the shares underlying the option vesting on August 15, 2013 and an additional 8.33% of the original number of shares underlying the option vesting at the end of each successive three-month period thereafter.