4//SEC Filing
Ophthotech Corp. 4
Accession 0001104659-17-000648
CIK 0001410939operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:06 PM ET
Size
9.5 KB
Accession
0001104659-17-000648
Insider Transaction Report
Form 4
Ophthotech Corp.OPHT
PATEL SAMIR CHANDRAKANT
DirectorPresident
Transactions
- Sale
Common Stock
2017-01-03$4.90/sh−2,999$14,695→ 13,407 total - Exercise/Conversion
Common Stock
2017-01-02+4,875→ 16,406 total - Exercise/Conversion
Restricted Stock Units
2017-01-02−4,875→ 9,750 totalExp: 2025-01-01→ Common Stock (4,875 underlying)
Footnotes (4)
- [F1]Restricted stock units converted into common stock on a one-for-one basis upon vesting of the units
- [F2]Represents shares automatically sold pursuant to the prespecified terms of the applicable Restricted Stock Unit Agreement to satisfy the reporting person's minimum statutory withholding obligations with respect to the income recognized by the reporting person upon the vesting of the restricted stock units on January 2, 2017.
- [F3]These shares were disposed of in multiple transactions on January 3, 2017 at actual sales prices ranging from $4.85 to $4.98 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the staff of the Securities Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]On January 2, 2015, the reporting person was granted an award of 19,500 restricted stock units, which vests with respect to 25% of the shares subject to the award on each of the first, second, third and fourth anniversaries of the grant date, subject to continued employment with the issuer and the other terms and conditions under the issuer's 2013 Stock Incentive Plan.
Documents
Issuer
Ophthotech Corp.
CIK 0001410939
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001410939
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:06 PM ET
- Size
- 9.5 KB