Filing Details

Accession Number:
0001104659-13-052051
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-27 21:31:48
Reporting Period:
2013-03-07
Filing Date:
2013-06-27
Accepted Time:
2013-06-27 21:31:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1070081 Ptc Therapeutics Inc. PTCT Pharmaceutical Preparations (2834) 043416587
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1185039 Richard Aldrich 1365 Main Street
Waltham MA 02451
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-06-25 583,333 $0.00 583,333 No 4 C Indirect See Footnote
Common Stock Acquisiton 2013-06-25 466,667 $15.00 1,050,000 No 4 P Indirect See Footnote
Common Stock Acquisiton 2013-06-25 300,000 $15.00 300,000 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See Footnote
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series Four Senior Preferred Stock Acquisiton 2013-03-07 583,333 $12.00 583,333 $0.00
Common Stock Stock Option (right to buy) Acquisiton 2013-05-15 20,000 $10.85 20,000 $10.85
Common Stock Series Four Senior Preferred Stock Disposition 2013-06-25 583,333 $0.00 583,333 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
583,333 No 4 P Indirect
20,000 2023-05-15 No 4 P Direct
0 No 4 C Indirect
Footnotes
  1. Each share of Series Four Senior Preferred Stock converted automatically into one share of Common Stock upon the closing of PTC Therapeutics, Inc.'s initial public offering without payment of further consideration. The Series Four Senior Preferred Stock had no expiration date.
  2. Shares held by Longwood Fund LP. The managing members of Longwood Fund LP, including Mr. Aldrich, share voting and investment power with respect to such shares. Mr. Aldrich disclaims beneficial ownership of the shares held by Longwood Fund LP except to the extent of any pecuniary interest therein.
  3. Shares held by RA Capital Biotech Fund LP. The managing members of RA Capital Biotech Fund LP, including Mr. Aldrich, share voting and investment power with respect to such shares. Mr. Aldrich disclaims beneficial ownership of the shares held by RA Capital Biotech Fund LP except to the extent of any pecuniary interest therein.
  4. This option was granted on May 15, 2013 and vests over three years, with 8.33% of the shares underlying the option vesting on August 15, 2013 and an additional 8.33% of the original number of shares underlying the option vesting at the end of each successive three-month period thereafter.