SEC Form 4 · accession 0001209191-15-005167
PORTOLA PHARMACEUTICALS INC · PTLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Lis
Officer — Chief Executive Officer · Director
Period of report
Jan 20, 2015
Accepted (ET)
Jan 20, 2015 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001269021
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 20, 2015 | M | 20,000 | $5.10 | A | 20,000 | D | |
| Common StockF2,F1 | Jan 20, 2015 | S | 19,800 | $27.317 | D | 200 | D | |
| Common StockF3,F1 | Jan 20, 2015 | S | 200 | $27.808 | D | 0 | 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)F1 | $5.10 | Jan 20, 2015 | M | 6,131 | D | Feb 25, 2009 | Feb 25, 2019 | Common Stock | 6,131 | 0 | D |
| Stock Option (Right to Buy)F1 | $5.10 | Jan 20, 2015 | M | 13,869 | D | Feb 25, 2009 | Feb 25, 2019 | Common Stock | 13,869 | 1,593 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 30, 2014, as amended August 17, 2014.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.80 to $27.80, inclusive. The reporting person undertakes to provide Portola Pharmaceuticals, Inc., any security holder of Portola Pharmaceuticals, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.805 to $27.81, inclusive.