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
- 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.
- 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.
- 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.