SEC Form 4 · accession 0001209191-17-003020
ALDER BIOPHARMACEUTICALS INC · ALDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark James Litton
Officer — Chief Business Officer
Period of report
Jan 5, 2017
Accepted (ET)
Jan 9, 2017 · 5:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001423824
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 5, 2017 | M | 2,216 | $1.265 | A | 102,148 | D | |
| Common StockF3,F4 | Jan 5, 2017 | S | 2,216 | $23.0019 | D | 99,932 | D | |
| Common StockF1 | Jan 6, 2017 | M | 5,474 | $1.265 | A | 105,406 | D | |
| Common StockF1 | Jan 6, 2017 | M | 1,326 | $1.65 | A | 106,732 | D | |
| Common StockF3,F5 | Jan 6, 2017 | S | 6,800 | $23.0176 | D | 99,932 | D | |
| Common StockF1 | Jan 9, 2017 | M | 500 | $1.65 | D | 100,432 | D | |
| Common StockF3 | Jan 9, 2017 | S | 500 | $23.00 | D | 99,932 | D | |
| Common Stock | holding | — | — | — | 26,000 | I | Held in trust for the benefit of Reporting Person's minor child | |
| Common Stock | holding | — | — | — | 26,000 | I | Held in trust for the benefit of Reporting Person's minor child | |
| Common Stock | holding | — | — | — | 26,000 | I | Held in trust for the benefit of Reporting Person's minor child |
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 | $1.265 | Jan 5, 2017 | M | 2,216 | D | — | Nov 13, 2017 | Common Stock | 2,216 | 5,474 | D |
| Stock Option (Right to Buy)F6 | $1.265 | Jan 6, 2017 | M | 5,474 | D | — | Nov 13, 2017 | Common Stock | 5,474 | 0 | D |
| Stock Option (Right to Buy)F6 | $1.65 | Jan 6, 2017 | M | 1,326 | D | — | Jul 22, 2018 | Common Stock | 1,326 | 35,037 | D |
| Stock Option (Right to Buy)F6 | $1.65 | Jan 9, 2017 | M | 500 | D | — | Jul 22, 2018 | Common Stock | 500 | 34,537 | D |
Explanation of responses
- F1The exercise of options reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 4, 2016.
- F2Includes 365 shares acquired under the Issuer's 2014 Employee Stock Purchase Plan on November 30, 2016.
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 4, 2016.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.05, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 4 to this Form 4.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.15, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 5 to this Form 4.
- F6The option is fully vested.