SEC Form 4 · accession 0001104659-15-081580
Radius Health, Inc. · RDUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Ward
Officer — President & CEO · Director
Period of report
Nov 23, 2015
Accepted (ET)
Nov 25, 2015 · 9:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001428522
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 23, 2015 | M | 25,000 | $7.80 | A | 25,000 | D | |
| Common StockF2 | Nov 23, 2015 | S | 25,000 | $62.765 | 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,F2,F4 | $7.80 | Nov 23, 2015 | M | 25,000 | D | — | Feb 15, 2024 | Common Stock | 25,000 | 743,785 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2015.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $61.49 to $64.96. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The exercise price and number of derivative securities was adjusted to reflect the stock split that occurred on April 24, 2014.
- F4This stock option vested as to 25% of the underlying shares upon consummation of the Issuer's initial public offering on June 6, 2014 and as to an additional 18.75% of the underlying shares on December 16, 2014. The remainder of the stock option vests in substantially equal installments on the 16th day of each of the 36 consecutive months beginning January 16, 2015.