Filing Details

Accession Number:
0001209191-17-046036
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-07-21 21:46:30
Reporting Period:
2017-07-20
Filing Date:
2017-07-21
Accepted Time:
2017-07-21 21:46:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
873303 Sarepta Therapeutics Inc. SRPT Pharmaceutical Preparations (2834) 930797222
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1529297 T David Howton 215 First Street, Suite 415
Cambridge MA 02142
Svp, General Counsel 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
Common Stock Acquisiton 2017-07-20 19,056 $13.71 41,357 No 4 M Direct
Common Stock Disposition 2017-07-20 19,056 $41.00 22,301 No 4 S Direct
Common Stock Acquisiton 2017-07-20 5,944 $13.71 28,245 No 4 M Direct
Common Stock Disposition 2017-07-20 5,944 $41.00 22,301 No 4 S Direct
Common Stock Acquisiton 2017-07-21 324 $13.71 22,625 No 4 M Direct
Common Stock Acquisiton 2017-07-21 676 $23.85 23,301 No 4 M 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 M Direct
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Options (right to buy) Disposition 2017-07-20 19,056 $13.71 19,056 $13.71
Common Stock Non-Qualified Stock Options (right to buy) Disposition 2017-07-20 5,944 $13.71 5,944 $13.71
Common Stock Incentive Stock Option (right to buy) Disposition 2017-07-21 324 $13.71 324 $13.71
Common Stock Incentive Stock Option (right to buy) Disposition 2017-07-21 676 $23.85 676 $23.85
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,527 2017-02-28 2026-02-28 No 4 M Direct
19,146 2017-02-28 2026-02-28 No 4 M Direct
93 2017-02-28 2026-02-28 No 4 M Direct
15,092 2013-11-05 2022-11-05 No 4 M Direct
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person, on May 18, 2017, accordingly, the reporting person had no discretion with regards to the timing of the transaction.
  2. Half of the options begin vesting in the event the FDA provides marketing approval for eteplirsen as of the applicable PDUFA date and the other half of the options begin vesting in the event Sarepta files a Marketing Authorization Application with the EMEA prior to December 31, 2016. Vesting of the options allocated to the achievement of each goal is as follows: (i) 50% of the options allocated to the achieved goal vests immediately upon achievement of the performance condition (25% of the total Performance-Based Options granted) and (ii) the remaining 50% of the options allocated to the achieved goal (25% of the total Performance-Based Options granted) vests over four years with 25% of these remaining options vesting on the first year anniversary of the grant date and 1/48th of these remaining options vesting monthly thereafter.
  3. 25% of the option became exercisable on the first anniversary of the date of hire (11/05/2012) and 1/48th of the total granted option became exercisable on each monthly anniversary thereafter, such that the option became fully exercisable on the fourth anniversary of the date of hire.