SEC Form 4 · accession 0001104659-16-087784
Ophthotech Corp. · OPHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn Sblendorio
Director
Period of report
Dec 30, 2015
Accepted (ET)
Jan 4, 2016 · 5:35 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 30, 2015 | M | 2,000 | $13.216 | A | 2,000 | D | |
| Common Stock | Dec 30, 2015 | S | 2,000 | $80.00 | 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)F2 | $13.216 | Dec 30, 2015 | M | 2,000 | D | — | Jul 8, 2023 | Common Stock | 2,000 | 11,084 | D |
Explanation of responses
- F1The sales reported on this form were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 5, 2015.
- F2Subject to Reporting Person providing continued services to the Issuer and other terms and conditions under the Registrant's 2007 Stock Incentive Plan, this option, which was granted on July 9, 2013, vests over three years, with 2.7778% of the original number of shares underlying the option vesting monthly from the date of grant.