SEC Form 4 · accession 0000904454-16-000934
Paratek Pharmaceuticals, Inc. · PRTK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Bigham
Officer — Chairman and CEO · Director
Period of report
Feb 4, 2016
Accepted (ET)
Feb 8, 2016 · 6:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001178711
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 4, 2016 | A | 30,000 | $0.00 | A | 80,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2,F3 | $14.05 | Feb 4, 2016 | A | 60,000 | A | — | Feb 3, 2026 | Common Stock | 60,000 | 60,000 | D |
Explanation of responses
- F1The shares shall vest in three equal yearly installments commencing on each of the one-year anniversaries of February 4, 2016, subject to the Reporting Person's continued service to the Company at each vesting date.
- F2The exercise price is equal to the closing sales price per share of Common Stock as reported on The Nasdaq Global Market on the date of grant.
- F3The shares shall vest as to 1/36 of the shares on the one-month anniversary following February 4, 2016 and on the same calendar date of each successive month thereafter until fully vested, subject to the Reporting Person's continued service to the Company at each vesting date.
Remarks
Remarks: Exhibit List: Exhibit 24 - Power of Attorney