SEC Form 4 · accession 0001104659-15-044011
Ophthotech Corp. · OPHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn Sblendorio
Director
Period of report
Jun 4, 2015
Accepted (ET)
Jun 8, 2015 · 5:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410939
Table I — non-derivative securities
No Table I lines on this filing.
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 | $48.30 | Jun 4, 2015 | A | 7,000 | A | — | Jun 3, 2025 | Common Stock | 7,000 | 7,000 | D |
| Restricted Stock UnitsF2,F3 | — | Jun 4, 2015 | A | 1,750 | A | — | — | Common Stock | 1,750 | 1,750 | D |
Explanation of responses
- F1Subject to Reporting Person providing continued services to the Issuer and other terms and conditions under the Registrant's 2013 Stock Incentive Plan, the option will vest and become exercisable in 12 consecutive, equal installments on each consecutive monthly anniversary of the date of grant, until fully vested and exercisable on the first anniversary of the date of grant. Any unvested shares subject to the option will be accelerated in full one business day prior to the Issuer's 2016 annual meeting of stockholders.
- F2Each restricted stock unit represents the contingent right to receive one share of Issuer common stock upon vesting of the unit.
- F3Subject to Reporting Person providing continued services to the Issuer and other terms and conditions under a Restricted Stock Unit Agreement by and between the Reporting Person and the Issuer, the Restricted Stock Unit award will vest with respect to 100% of the shares subject to the award on the earlier of (i) the first anniversary of the grant date or (ii) one business day prior to the Issuer's 2016 annual meeting of stockholders.