SEC Form 4 · accession 0001104659-15-049648
Ophthotech Corp. · OPHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barbara A Wood
Officer — SVP,General Counsel, Secretary
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410939
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 1, 2015 | M | 2,000 | $24.49 | A | 2,000 | D | |
| Common StockF2 | Jul 1, 2015 | S | 2,000 | $51.94 | 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)F3 | $24.49 | Jul 1, 2015 | M | 2,000 | D | — | Nov 17, 2023 | Common Stock | 2,000 | 64,000 | D |
Explanation of responses
- F1The exercises and sales reported on this form were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 22, 2013.
- F2These shares were disposed of in multiple transactions on July 1, 2015 at actual sales prices ranging from $51.66 to $52.23 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the staff of the Securities Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3This option was granted on November 18, 2013 and will vest over a four-year period, with 17,500 shares underlying such option vesting in November 2014 and 1/48 of the original number of shares underlying such option vesting each month thereafter until November 2017.