SEC Form 4 · accession 0000899243-17-010882
CRISPR Therapeutics AG · CRSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samarth Kulkarni
Officer — Chief Business Officer
Period of report
Apr 21, 2017
Accepted (ET)
Apr 25, 2017 · 7:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001674416
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Apr 21, 2017 | M | 3,000 | $1.81 | A | 137,047 | D | |
| Common SharesF2 | Apr 21, 2017 | S | 3,000 | $17.0109 | D | 134,047 | D | |
| Common Shares | Apr 24, 2017 | M | 3,500 | $1.81 | A | 137,547 | D | |
| Common SharesF3 | Apr 24, 2017 | S | 3,500 | $16.4627 | D | 134,047 | D | |
| Common Shares | Apr 25, 2017 | M | 5,115 | $1.81 | A | 139,162 | D | |
| Common SharesF4 | Apr 25, 2017 | S | 5,115 | $16.87 | D | 134,047 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F5 | $1.81 | Apr 21, 2017 | M | 3,000 | D | — | Sep 10, 2025 | Common Shares | 3,000 | 308,654 | D |
| Stock Options (Right to Buy)F5 | $1.81 | Apr 24, 2017 | M | 3,500 | D | — | Sep 10, 2025 | Common Shares | 3,500 | 305,154 | D |
| Stock Options (Right to Buy)F5 | $1.81 | Apr 25, 2017 | M | 5,115 | D | — | Sep 10, 2025 | Common Shares | 5,115 | 300,039 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.86 to $17.24, inclusive. The reporting person undertakes to provide to CRISPR Therapeutics AG, any security holder of CRISPR Therapeutics AG, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.21 to $16.98, inclusive. The reporting person undertakes to provide to CRISPR Therapeutics AG, any security holder of CRISPR Therapeutics AG, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.70 to $17.10, inclusive. The reporting person undertakes to provide to CRISPR Therapeutics AG, any security holder of CRISPR Therapeutics AG, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F5This option was granted on September 10, 2015 with respect to 321,712 Common Shares with 120,640 of the shares vested on August 1, 2016, the first anniversary of employment commencement, and the remainder vest in equal 36 monthly installments thereafter.