TETRAPHASE PHARMACEUTICALS INC 4
4 · TETRAPHASE PHARMACEUTICALS INC · Filed Jul 8, 2015
Insider Transaction Report
Form 4
THOMPSON JOHN CRAIG
Chief Operating Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2015-07-06−10,000→ 177,501 totalExercise: $14.45Exp: 2024-02-02→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2015-07-06$14.45/sh+10,000$144,500→ 10,343 total - Sale
Common Stock
2015-07-06$47.91/sh−10,000$479,100→ 343 total
Footnotes (3)
- [F1]The exercise and sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2015.
- [F2]The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $47.21 to $48.75 per share. The reporting person herby undertakes, upon request of the staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- [F3]This option vested as to 20% of the shares on February 3, 2014 and another 20% on February 3, 2015 and further vests as to 5% of the shares at the end of each successive three-month period thereafter until February 3, 2018.