Filing Details

Accession Number:
0001562180-19-001473
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-27 17:48:04
Reporting Period:
2019-02-25
Accepted Time:
2019-02-27 17:48:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1597553 Sage Therapeutics Inc. SAGE () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1237564 M Steven Paul C/O Sage Therapeutics, Inc.
215 First Street
Cambridge MA 02142
No 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 Disposition 2019-02-25 500 $161.00 72,400 No 4 S Indirect See footnote (2)
Common Stock Disposition 2019-02-25 500 $161.00 71,900 No 4 S Indirect See footnote (3)
Common Stock Disposition 2019-02-25 500 $161.00 71,400 No 4 S Indirect See footnote (4)
Common Stock Disposition 2019-02-25 500 $161.00 70,900 No 4 S Indirect See footnote (5)
Common Stock Disposition 2019-02-25 122,400 $0.00 119,295 No 5 G Indirect See footnote (6)
Common Stock Acquisiton 2019-02-25 30,600 $0.00 101,500 No 5 G Indirect See footnote (7)
Common Stock Acquisiton 2019-02-25 30,600 $0.00 132,100 No 5 G Indirect See footnote (8)
Common Stock Acquisiton 2019-02-25 30,600 $0.00 162,700 No 5 G Indirect See footnote (9)
Common Stock Acquisiton 2019-02-25 30,600 $0.00 193,300 No 5 G Indirect See footnote (10)
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote (2)
No 4 S Indirect See footnote (3)
No 4 S Indirect See footnote (4)
No 4 S Indirect See footnote (5)
No 5 G Indirect See footnote (6)
No 5 G Indirect See footnote (7)
No 5 G Indirect See footnote (8)
No 5 G Indirect See footnote (9)
No 5 G Indirect See footnote (10)
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 272,777 Direct
Footnotes
  1. The sales reported on this Form 4 were effected by the Aaron Paul Trust, the Austin Paul Trust, the Jordan Fisch Trust and the McGill Trust pursuant to trading plans adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
  2. Represents 48,389 shares held directly by the McGill Trust; 48,066 shares held directly by the Jordan Fisch Trust; 48,357 shares held directly by the Aaron Paul Trust; and 48,488 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  3. Represents 17,789 shares held directly by the McGill Trust; 17,966 shares held directly by the Jordan Fisch Trust; 18,257 shares held directly by the Aaron Paul Trust; and 18,388 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  4. Represents 17,789 shares held directly by the McGill Trust; 17,966 shares held directly by the Jordan Fisch Trust; 17,757 shares held directly by the Aaron Paul Trust; and 18,388 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  5. Represents 17,789 shares held directly by the McGill Trust; 17,466 shares held directly by the Jordan Fisch Trust; 17,757 shares held directly by the Aaron Paul Trust; and 18,388 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  6. Represents 17,789 shares held directly by the McGill Trust; 17,466 shares held directly by the Jordan Fisch Trust; 17,757 shares held directly by the Aaron Paul Trust; and 17,888 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  7. Represents 119,295 shares held in the Steven M Paul Family 2018 Delaware Irrevocable Trust FBO Jann Paul of which the trustee is J.P. Morgan and for which the reporting person is an investment adviser. The reporting person disclaims Section 16 beneficial ownership of the shares held in this trust, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  8. Represents 48,389 shares held directly by the McGill Trust; 17,466 shares held directly by the Jordan Fisch Trust; 17,757 shares held directly by the Aaron Paul Trust; and 17,888 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  9. Represents 48,389 shares held directly by the McGill Trust; 48,066 shares held directly by the Jordan Fisch Trust; 17,757 shares held directly by the Aaron Paul Trust; and 17,888 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
  10. Represents 48,389 shares held directly by the McGill Trust; 48,066 shares held directly by the Jordan Fisch Trust; 48,357 shares held directly by the Aaron Paul Trust; and 17,888 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.