SEC Form 4 · accession 0001179110-15-000988
ACCELERON PHARMA INC · XLRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Quisel
Officer — SVP Gen. Counsel & Secretary
Period of report
Jan 14, 2015
Accepted (ET)
Jan 16, 2015 · 4:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001280600
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 14, 2015 | M | 3,500 | $0.92 | A | 18,500 | D | |
| Common Stock | Jan 14, 2015 | M | 500 | $1.80 | A | 19,000 | D | |
| Common StockF2 | Jan 14, 2015 | S | 3,500 | $39.85 | D | 15,500 | D | |
| Common StockF3 | Jan 14, 2015 | S | 500 | $40.62 | D | 15,000 | D | |
| Common Stock | Jan 14, 2015 | M | 1,562 | $5.28 | A | 16,562 | D | |
| Common Stock | Jan 14, 2015 | M | 1,500 | $5.08 | A | 18,062 | D | |
| Common Stock | Jan 14, 2015 | M | 2,438 | $5.88 | A | 20,500 | D | |
| Common StockF4 | Jan 14, 2015 | S | 5,500 | $40.12 | D | 15,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF5 | $0.92 | Jan 14, 2015 | M | 3,500 | D | — | Nov 15, 2016 | Common Stock | 3,500 | 0 | D |
| Option to Purchase Common StockF6 | $1.80 | Jan 14, 2015 | M | 500 | D | — | Jun 12, 2017 | Common Stock | 500 | 2,000 | D |
| Option to Purchase Common StockF6 | $5.28 | Jan 14, 2015 | M | 1,562 | D | — | Jun 7, 2022 | Common Stock | 1,562 | 12,145 | D |
| Option to Purchase Common StockF6 | $5.08 | Jan 14, 2015 | M | 1,500 | D | — | Mar 27, 2018 | Common Stock | 1,500 | 6,000 | D |
| Option to Purchase Common StockF6 | $5.88 | Jan 14, 2015 | M | 2,438 | D | — | Dec 17, 2018 | Common Stock | 2,438 | 6,961 | D |
Explanation of responses
- F1The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.36 to $40.28, inclusive. The reporting person undertakes to provide Acceleron Pharma Inc., any security holder of Acceleron Pharma 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 range set forth in this footnote (2) 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 $40.56 to $40.76, inclusive. The reporting person undertakes to provide Acceleron Pharma Inc., any security holder of Acceleron Pharma 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 range set forth in this footnote (3) to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.34, inclusive. The reporting person undertakes to provide Acceleron Pharma Inc., any security holder of Acceleron Pharma 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 range set forth in this footnote (4) to this Form 4
- F5The options of registrant's common stock vested as to 25% of the shares on the first anniversary of the grant and in equal installments quarterly thereafter.
- F6The options of registrant's common stock vest in equal quarterly installments over the first four years after the grant.