Filing Details

Accession Number:
0001209191-17-065970
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-12-15 16:44:46
Reporting Period:
2017-12-13
Accepted Time:
2017-12-15 16:44:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1598646 Minerva Neurosciences Inc. NERV Pharmaceutical Preparations (2834) 260784194
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1610384 Remy Luthringer C/O Minerva Neurosciences, Inc.
1601 Trapelo Road, Suite 286
Waltham MA 02451
Ceo Yes Yes 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 2017-12-14 18,750 $0.00 18,750 No 4 M Direct
Common Stock Disposition 2017-12-14 2,194 $5.85 16,556 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Acquisiton 2017-12-13 350,000 $0.00 350,000 $6.10
Common Stock Restricted Stock Unit Disposition 2017-12-14 18,750 $0.00 18,750 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
350,000 2027-12-13 No 4 A Direct
56,250 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 926,604 Indirect By Wint2felden Holding SA
Footnotes
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock
  2. Represents shares of the Issuer's common stock sold to satisfy tax obligations relating to the acquisition of shares of the Issuer's common stockin connection with the settlement of the vested portion of RSUs pursuant to the terms of that certain RSU Agreement between the Reporting Person and the Issuer, as reflected in this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.80 to $5.85, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
  4. This option vests as to 25% of the shares on December 13, 2018 and then in quarterly installments over 3 years thereafter.
  5. Represents shares issuable upon the vesting of RSUs awarded to the Reporting Person on December 14, 2016. The RSUs vest in 4 equal annual installments beginning on December 14, 2017 and will be fully vested on December 14, 2020, in all cases so long as there has been no break in the Reporting Person's continuous service through such date.