Filing Details

Accession Number:
0001104659-15-076759
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-06 17:18:05
Reporting Period:
2015-11-04
Filing Date:
2015-11-06
Accepted Time:
2015-11-06 17:18:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1410939 Ophthotech Corp. OPHT Pharmaceutical Preparations (2834) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1277966 Chandrakant Samir Patel C/O Ophthotech Corporation
One Penn Plaza, 19Th Floor
New York NY 10119
President Yes Yes 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 2015-11-04 40,000 $0.00 299,292 No 4 M Direct
Common Stock Disposition 2015-11-05 12,822 $53.06 286,470 No 4 S Direct
Common Stock Disposition 2015-11-05 4,200 $53.95 282,270 No 4 S Direct
Common Stock Disposition 2015-11-05 3,665 $54.80 278,605 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Restricted stock units converted into common stock on a one-for-one basis upon vesting upon the achievement of certain performance criteria, pursuant to the applicable Restricted Stock Unit Agreement.
  2. Represents shares automatically sold pursuant to the prespecified terms of the applicable Restricted Stock Unit Agreement to satisfy the issuer's minimum statutory withholding obligations with respect to the income recognized by the reporting person upon the vesting of the restricted stock units on November 4, 2015.
  3. These shares were disposed of in multiple transactions on November 5, 2015 at actual sales prices ranging from $52.50 to $53.48 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the staff of the Securities Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  4. These shares were disposed of in multiple transactions on November 5, 2015 at actual sales prices ranging from $53.58 to $54.43 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the staff of the Securities Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  5. These shares were disposed of in multiple transactions on November 5, 2015 at actual sales prices ranging from $54.79 to $54.89 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the staff of the Securities Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.