SEC Form 4 · accession 0000899243-17-016873
CRISPR Therapeutics AG · CRSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rodger Novak
Officer — Chief Executive Officer · Director
Period of report
Jun 19, 2017
Accepted (ET)
Jun 21, 2017 · 5:42 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 | Jun 19, 2017 | M | 15,392 | $1.81 | A | 1,230,397 | D | |
| Common SharesF2 | Jun 19, 2017 | S | 15,392 | $15.00 | D | 1,215,005 | D | |
| Common Shares | Jun 20, 2017 | M | 3,252 | $1.81 | A | 1,218,257 | D | |
| Common SharesF3 | Jun 20, 2017 | S | 3,252 | $15.0015 | D | 1,215,005 | D | |
| Common Shares | Jun 21, 2017 | M | 11,578 | $1.81 | A | 1,266,583 | D | |
| Common SharesF4 | Jun 21, 2017 | S | 11,578 | $15.0152 | D | 1,215,005 | 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 | Jun 19, 2017 | M | 15,392 | D | — | Sep 10, 2025 | Common Shares | 15,392 | 93,748 | D |
| Stock Options (Right to Buy)F5 | $1.81 | Jun 20, 2017 | M | 3,252 | D | — | Sep 10, 2025 | Common Shares | 3,252 | 90,496 | D |
| Stock Options (Right to Buy)F5 | $1.81 | Jun 21, 2017 | M | 11,578 | D | — | Sep 10, 2025 | Common Shares | 11,578 | 78,918 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.12, 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 $15.00 to $15.01, 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 $15.00 to $15.11, 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 268,093 Common Shares with 94,950 shares immediately vested on the grant date and the remaining 173,143 shares vest in 31 equal monthly installments thereafter.