SEC Form 4 · accession 0001179110-16-022918
ACCELERON PHARMA INC · XLRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew L Sherman
Officer — EVP & Chief Medical Officer
Period of report
Apr 6, 2016
Accepted (ET)
Apr 8, 2016 · 4:02 pm EDT
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 | Apr 6, 2016 | S | 2,080 | $32.00 | D | 95,524 | D | |
| Common Stock | Apr 7, 2016 | M | 14,000 | $5.08 | A | 109,524 | D | |
| Common Stock | Apr 7, 2016 | S | 23,920 | $32.00 | D | 85,604 | D | |
| Common Stock | holding | — | — | — | 8,500 | I | By GRAT |
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 StockF2 | $5.08 | Apr 7, 2016 | M | 14,000 | D | — | Mar 27, 2018 | Common Stock | 14,000 | 5,896 | D |
Explanation of responses
- F1The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The options of registrant's common stock vested in equal quarterly installments over the first four years after the grant.