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4//SEC Filing

Benecchi Christopher 4

Accession 0001562180-24-001334

CIK 0001597553other

Filed

Feb 14, 7:00 PM ET

Accepted

Feb 15, 5:02 PM ET

Size

9.8 KB

Accession

0001562180-24-001334

Insider Transaction Report

Form 4
Period: 2024-02-13
Benecchi Christopher
Chief Operating Officer
Transactions
  • Award

    Common Stock

    2024-02-13+13,50019,430 total
  • Award

    Stock Option (Right to Buy)

    2024-02-13+27,00027,000 total
    Exercise: $23.02Exp: 2034-02-13Common Stock (27,000 underlying)
Footnotes (3)
  • [F1]Consists of shares of common stock issuable under 13,500 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting. These RSUs are scheduled to vest in equal annual installments over four years with the first installment vesting on February 13, 2025.
  • [F2]Reflects beneficial ownership balance which includes 670 shares purchased on June 30, 2023 under the Sage Therapeutics, Inc. 2014 Employee Stock Purchase Plan.
  • [F3]The securities awarded on February 13, 2024 were in the form of stock options issued pursuant to the Sage Therapeutics, Inc. 2014 Stock Option and Incentive Plan. Options to purchase 6,750 shares of common stock shall vest on the one year anniversary of February 13, 2024, with 20,250 shares vesting in 36 equal monthly installments thereafter.

Issuer

Sage Therapeutics, Inc.

CIK 0001597553

Entity typeother

Related Parties

1
  • filerCIK 0001881403

Filing Metadata

Form type
4
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 5:02 PM ET
Size
9.8 KB