SEC Form 4 · accession 0001104659-15-086913

Ophthotech Corp. · OPHT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Samir Chandrakant Patel

Officer — President · Director

Period of report

Dec 24, 2015

Accepted (ET)

Dec 28, 2015 · 5:10 pm EST

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
Common Stock	Dec 24, 2015	M	5,530	$1.652	A	284,135	D
Common Stock	Dec 24, 2015	M	5,923	$13.216	A	290,058	D
Common Stock	Dec 24, 2015	M	14,583	$31.29	A	304,641	D
Common Stock^F2	Dec 24, 2015	S	9,100	$76.42	D	295,541	D
Common Stock^F3	Dec 24, 2015	S	14,636	$77.32	D	280,905	D
Common Stock^F4	Dec 24, 2015	S	2,100	$78.20	D	278,805	D
Common Stock^F5	Dec 24, 2015	S	200	$79.02	D	278,605	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)^F6	$1.652	Dec 24, 2015	M	5,530	D	—	Apr 8, 2022	Common Stock	5,530	5,650	D
Stock Option (Right To Buy)^F7	$13.216	Dec 24, 2015	M	5,923	D	—	May 28, 2023	Common Stock	5,923	22,214	D
Stock Option (Right To Buy)^F8	$31.29	Dec 24, 2015	M	14,583	D	—	Jan 1, 2024	Common Stock	14,583	72,917	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 March 13, 2015.
F2These shares were disposed of in multiple transactions on December 24, 2015 at actual sales prices ranging from $75.83 to $76.82 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.
F3These shares were disposed of in multiple transactions on December 24, 2015 at actual sales prices ranging from $76.83 to $77.825 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.
F4These shares were disposed of in multiple transactions on December 24, 2015 at actual sales prices ranging from $77.85 to $78.80 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.
F5These shares were disposed of in multiple transactions on December 24, 2015 at actual sales prices ranging from $78.88 to $79.16 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.
F6This option was granted on April 9, 2012 and vests over four years, with 2.0833% of the original number of shares underlying the option vesting monthly from the date of grant.
F7This option was granted on May 29, 2013 and vests over four years, with 2.0833% of the original number of shares underlying the option vesting monthly from the date of grant.
F8This option was granted on January 2, 2014 and vests over four years, with 25% of the original number of shares underlying the option vested on the first anniversary of the date of grant, and 2.0833% of the original number of shares underlying the option vesting monthly thereafter.