Home > Insider Trading > Filing (0001209191-11-022795)

Filing Details

Accession Number:: 0001209191-11-022795
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-04-13 17:12:16
Reporting Period:: 2011-04-11

Filing Date:: 2011-04-13
Accepted Time:: 2011-04-13 17:12:16
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
1478244	G Mark Currie	C/O Ironwood Pharmaceuticals, Inc. 301 Binney Street Cambridge MA 02142	Chief Scientific Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class B Common Stock	Acquisiton	2011-04-11	600	$0.60	210,600	No	4	M	Direct
Class B Common Stock	Disposition	2011-04-11	600	$15.00	210,000	No	4	S	Direct
Class B Common Stock	Acquisiton	2011-04-13	24,263	$0.60	234,263	No	4	M	Direct
Class B Common Stock	Disposition	2011-04-13	24,263	$15.00	210,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Employee Stock Option (Right to Buy)	Disposition	2011-04-11	600	$0.00	600	$0.60
Class B Common Stock	Employee Stock Option (Right to Buy)	Disposition	2011-04-13	24,263	$0.00	24,263	$0.60

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
59,400		2012-09-24	No	4	M	Direct
35,137		2012-09-24	No	4	M	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class B Common Stock	Employee Stock Option (Right to Buy)	$3.76		2018-01-31	120,000	120,000	Direct
Class B Common Stock	Employee Stock Option (Right to Buy)	$4.89		2019-02-11	125,000	125,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2018-01-31	120,000	120,000	Direct
2019-02-11	125,000	125,000	Direct

Footnotes

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.
The option vested as to 25% of the shares of Class B Common Stock on the first anniversary of August 22, 2002, 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 August 22, 2006.
The expiration date of the option, as reported in the reporting person's Form 3 filed on February 2, 2010, contained a typographical error. The correct expiration date is January 31, 2018.
The option vests as to 1.25% of the shares of Class B Common Stock on each monthly anniversary of January 1, 2008 for the first 36 months, and vests as to 4.5833% of the shares of Class B Common Stock on each monthly anniversary thereafter. The option is subject to an early exercise provision and is immediately exercisable.
The expiration date of the option, as reported in the reporting person's Form 3 filed on February 2, 2010, contained a typographical error. The correct expiration date is February 11, 2019.
The option vests as to 1.25% of the shares of Class B Common Stock on each monthly anniversary of January 1, 2009 for the first 36 months, and vests as to 4.5833% of the shares of Class B Common Stock on each monthly anniversary thereafter. The option is subject to an early exercise provision and is immediately exercisable.