Filing Details

Accession Number:
0001209191-16-124070
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-27 16:47:23
Reporting Period:
2016-05-25
Filing Date:
2016-05-27
Accepted Time:
2016-05-27 16:47:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1446847 Ironwood Pharmaceuticals Inc IRWD Pharmaceutical Preparations (2834) 043404176
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1601360 E Halley Gilbert C/O Ironwood Pharmaceuticals, Inc.
301 Binney Street
Cambridge MA 02142
Chief Legal Officer No 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
Class B Common Stock Acquisiton 2016-05-25 5,865 $3.76 5,865 No 4 M Direct
Class B Common Stock Disposition 2016-05-25 5,865 $12.19 0 No 4 S Direct
Class B Common Stock Acquisiton 2016-05-25 10,000 $3.76 10,000 No 4 M Direct
Class B Common Stock Disposition 2016-05-25 10,000 $12.19 0 No 4 S Direct
Class A Common Stock Disposition 2016-05-25 4,410 $12.19 64,537 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Employee Stock Option (Right to Buy) Disposition 2016-05-25 5,865 $3.76 5,865 $3.76
Class B Common Stock Employee Stock Option (Right to Buy) Disposition 2016-05-25 10,000 $3.76 10,000 $3.76
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-01-31 No 4 M Direct
14,000 2018-01-31 No 4 M Direct
Footnotes
  1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. In order to effect the sale, these shares of Class B Common Stock were converted into shares of Class A Common Stock in accordance with the issuer's certificate of incorporation.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.10 to $12.25, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  4. The option vested as to 25% of the shares of Class B Common Stock on the first anniversary of February 1, 2008, and 1/48th of the shares of Class B Common Stock vested each month thereafter for the next 36 months. The option was fully vested as of February 1, 2012.
  5. The option vested upon the earlier of (i) the issuer's achievement of a regulatory milestone and (ii) February 1, 2014. The regulatory milestone was met, so the option was fully vested as of October 24, 2011.