SEC Form 4 · accession 0001140361-15-002626
Relypsa Inc · RLYP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kristine M Ball
Officer — Chief Financial Officer & SVP
Period of report
Jan 21, 2015
Accepted (ET)
Jan 23, 2015 · 9:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001416792
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 21, 2015 | M | 3,000 | $3.96 | A | 10,500 | D | |
| Common StockF1 | Jan 21, 2015 | S | 3,000 | $36.00 | D | 7,500 | 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 | $3.96 | Jan 21, 2015 | M | 3,000 | D | — | Dec 4, 2022 | Common Stock | 3,000 | 125,872 | D |
Explanation of responses
- F1Includes 7,500 restricted stock units.
- F2The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- F3The shares subject to the option are early exercisable. 25% of the shares subject to the option vest on the first anniversary measured from November 27, 2012 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest in thirty-six (36) successive and equal monthly installments thereafter, such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the Vesting Commencement Date.