SEC Form 4 · accession 0001179110-16-030648
ACCELERON PHARMA INC · XLRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ravindra Kumar
Officer — SVP & Chief Scientific Officer
Period of report
Oct 6, 2016
Accepted (ET)
Oct 11, 2016 · 5:58 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 | Oct 6, 2016 | M | 7,124 | $5.28 | A | 91,875 | D | |
| Common StockF2 | Oct 6, 2016 | S | 14,448 | $34.31 | D | 77,427 | D | |
| Common StockF3 | Oct 6, 2016 | S | 1,561 | $34.98 | D | 75,866 | D | |
| Common Stock | Oct 7, 2016 | M | 954 | $3.88 | A | 76,820 | D | |
| Common Stock | Oct 7, 2016 | M | 10,984 | $5.28 | A | 87,804 | D | |
| Common Stock | Oct 7, 2016 | M | 1,115 | $5.28 | A | 88,919 | D | |
| Common Stock | Oct 7, 2016 | M | 2,381 | $7.12 | A | 91,300 | D | |
| Common Stock | Oct 7, 2016 | M | 4,210 | $24.11 | A | 95,510 | D | |
| Common StockF4 | Oct 7, 2016 | S | 19,616 | $33.37 | D | 75,894 | D | |
| Common Stock | Oct 7, 2016 | S | 28 | $34.00 | D | 75,866 | D | |
| Common Stock | Oct 10, 2016 | M | 4,182 | $7.12 | A | 80,048 | D | |
| Common Stock | Oct 10, 2016 | M | 8,101 | $24.11 | A | 88,149 | D | |
| Common Stock | Oct 10, 2016 | M | 4,550 | $27.97 | A | 92,699 | D | |
| Common StockF5 | Oct 10, 2016 | S | 16,833 | $34.14 | D | 75,866 | 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 StockF6 | $5.28 | Oct 6, 2016 | M | 7,124 | D | — | Jun 7, 2022 | Common Stock | 7,124 | 17,876 | D |
| Option to Purchase Common StockF6 | $3.88 | Oct 7, 2016 | M | 954 | D | — | Dec 2, 2020 | Common Stock | 954 | 4,561 | D |
| Option to Purchase Common StockF6 | $5.28 | Oct 7, 2016 | M | 10,984 | D | — | Dec 16, 2021 | Common Stock | 10,984 | 0 | D |
| Option to Purchase Common StockF6 | $5.28 | Oct 7, 2016 | M | 1,115 | D | — | Jun 7, 2022 | Common Stock | 1,115 | 16,761 | D |
| Option to Purchase Common StockF6 | $7.12 | Oct 7, 2016 | M | 2,381 | D | — | Dec 12, 2022 | Common Stock | 2,381 | 5,119 | D |
| Option to Purchase Common StockF6 | $24.11 | Oct 7, 2016 | M | 4,210 | D | — | Dec 5, 2023 | Common Stock | 4,210 | 24,790 | D |
| Option to Purchase Common StockF6 | $7.12 | Oct 10, 2016 | M | 4,182 | D | — | Dec 12, 2022 | Common Stock | 4,182 | 937 | D |
| Option to Purchase Common StockF6 | $24.11 | Oct 10, 2016 | M | 8,101 | D | — | Dec 5, 2023 | Common Stock | 8,101 | 16,689 | D |
| Option to Purchase Common StockF7 | $27.97 | Oct 10, 2016 | M | 4,550 | D | — | Mar 3, 2026 | Common Stock | 4,550 | 31,850 | 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 $33.84 to $34.80 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 $34.82 to $35.25 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 $33.00 to $33.89 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.00 to $34.42 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 (5) to this Form 4.
- F6The options of registrant's common stock vest in equal quarterly installments over the first four years after the grant.
- F7The options of registrant's common stock vest in equal quarterly installments over the four years after January 1, 2016.