SEC Form 4 · accession 0001209191-16-089018
AGIOS PHARMACEUTICALS, INC. · AGIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Duncan Higgons
Officer — Chief Operating Officer
Period of report
Jan 4, 2016
Accepted (ET)
Jan 5, 2016 · 5:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001439222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Jan 4, 2016 | M | 57,024 | $2.34 | A | 118,859 | D | |
| Common stock | Jan 4, 2016 | M | 1,975 | $31.64 | A | 120,834 | 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)F1 | $2.34 | Jan 4, 2016 | M | 57,024 | D | — | Apr 5, 2022 | Common stock | 57,024 | 182,088 | D |
| Stock option (right to buy)F2 | $31.64 | Jan 4, 2016 | M | 1,975 | D | — | Mar 4, 2024 | Common stock | 1,975 | 180,113 | D |
Explanation of responses
- F1This option was granted on April 6, 2012 for the purchase of 63,636 shares of common stock. The option vests as to 25% upon the achievement of a performance milestone, as to an additional 50% upon the achievement of a second performance milestone, and as to the remaining 25% on the first anniversary of the first date that both performance milestones were achieved. The performance criteria for the first performance milestone were met on March 18, 2013. The performance criteria for the second performance milestone were met on April 4, 2014, and the remaining shares vested on April 4, 2015.
- F2This option was granted on March 5, 2014. The shares underlying this option vest as to 25% of the underlying shares on March 5, 2015, with the remaining 75% vesting in 36 equal monthly installments thereafter.