SEC Form 4 · accession 0001209191-18-038093
NEUROCRINE BIOSCIENCES INC · NBIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dimitri E. Grigoriadis
Officer — Chief Research Officer
Period of report
Jun 13, 2018
Accepted (ET)
Jun 15, 2018 · 4:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000914475
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 13, 2018 | M | 63,963 | $8.65 | A | 146,905 | D | |
| Common StockF2 | Jun 13, 2018 | S | 63,963 | $99.2521 | D | 82,942 | D | |
| Common Stock | Jun 13, 2018 | M | 20,215 | $19.59 | A | 103,157 | D | |
| Common StockF3 | Jun 13, 2018 | S | 20,215 | $100.1126 | D | 82,942 | D | |
| Common Stock | Jun 14, 2018 | M | 2,785 | $19.59 | A | 85,727 | D | |
| Common Stock | Jun 14, 2018 | S | 2,785 | $100.00 | D | 82,942 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF4 | $8.65 | Jun 13, 2018 | M | 63,963 | D | — | Jan 10, 2023 | Common Stock | 63,963 | 0 | D |
| Non-Qualified Stock OptionF5 | $19.59 | Jun 14, 2018 | M | 23,000 | D | — | Jan 16, 2024 | Common Stock | 23,000 | 46,022 | D |
Explanation of responses
- F1The disposition reported in this Form 4 was effected by a broker pursuant to instructions set forth in a Rule 10b5-1 trading plan adopted by the Reporting Person at least 90 days prior to the transaction date in Box 2 above. Additionally, Issuer policy restricts the Reporting Person from amending, canceling, suspending or otherwise modifying any 10b5-1 trading plan subsequent to adoption of the plan.
- F2Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $97.90 to $100.33. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $100.00 to $101.17. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F4Represents option which vests 1/4 upon anniversary of grant (1/10/2014), thereafter vesting in equal monthly installments over the following three years such that the entire award is fully vested at 12/10/2016.
- F5Represents option which vests 1/4 upon anniversary of grant (1/16/2015), thereafter vesting in equal monthly installments over the following three years such that the entire award is fully vested at 12/16/2017.