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Filing Details

Accession Number:: 0001562180-19-001988
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-03-20 20:47:15
Reporting Period:: 2019-03-18

Accepted Time:: 2019-03-20 20:47:15
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1597553	Sage Therapeutics Inc.	SAGE	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1237564	M Steven Paul	C/O Sage Therapeutics, Inc. 215 First Street Cambridge MA 02142		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2019-03-18	900	$161.01	189,800	No	4	S	Indirect	See footnote (2)
Common Stock	Disposition	2019-03-18	1,200	$161.14	188,600	No	4	S	Indirect	See footnote (4)
Common Stock	Disposition	2019-03-18	800	$161.02	187,800	No	4	S	Indirect	See footnote (6)
Common Stock	Disposition	2019-03-18	875	$161.01	186,925	No	4	S	Indirect	See footnote (8)
Common Stock	Disposition	2019-03-20	14,321	$161.32	172,604	No	4	S	Indirect	See footnote (10)
Common Stock	Disposition	2019-03-20	16,182	$161.20	156,422	No	4	S	Indirect	See footnote (12)
Common Stock	Disposition	2019-03-20	13,096	$161.32	143,326	No	4	S	Indirect	See footnote (14)
Common Stock	Disposition	2019-03-20	13,047	$161.35	130,279	No	4	S	Indirect	See footnote (16)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote (2)
No	4	S	Indirect	See footnote (4)
No	4	S	Indirect	See footnote (6)
No	4	S	Indirect	See footnote (8)
No	4	S	Indirect	See footnote (10)
No	4	S	Indirect	See footnote (12)
No	4	S	Indirect	See footnote (14)
No	4	S	Indirect	See footnote (16)

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	272,777	Direct

Footnotes

The sales reported on this Form 4 were effected by the Aaron Paul Trust, the Austin Paul Trust, the Jordan Fisch Trust and the McGill Trust pursuant to trading plans adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
Represents 46,689 shares held directly by the McGill Trust; 46,566 shares held directly by the Jordan Fisch Trust; 46,782 shares held directly by the Aaron Paul Trust; and 32,567 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
This transaction was executed in multiple trades at prices ranging from $161.00 USD to $162.355 USD. The price reported above reflects the weighted average sale price. The issuer hereby undertakes to provide, upon request, to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Represents 46,689 shares held directly by the McGill Trust; 46,566 shares held directly by the Jordan Fisch Trust; 30,600 shares held directly by the Aaron Paul Trust; and 32,567 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
This transaction was executed in multiple trades at prices ranging from $161.00 USD to $161.87 USD. The price reported above reflects the weighted average sale price. The issuer hereby undertakes to provide, upon request, to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Represents 33,593 shares held directly by the McGill Trust; 46,566 shares held directly by the Jordan Fisch Trust; 30,600 shares held directly by the Aaron Paul Trust; and 32,567 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
This transaction was executed in multiple trades at prices ranging from $161.00 USD to $162.36 USD. The price reported above reflects the weighted average sale price. The issuer hereby undertakes to provide, upon request, to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Represents 33,593 shares held directly by the McGill Trust; 33,519 shares held directly by the Jordan Fisch Trust; 30,600 shares held directly by the Aaron Paul Trust; and 32,567 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
This transaction was executed in multiple trades at prices ranging from $161.00 USD to $162.46 USD. The price reported above reflects the weighted average sale price. The issuer hereby undertakes to provide, upon request, to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Represents 47,889 shares held directly by the McGill Trust; 47,366 shares held directly by the Jordan Fisch Trust; 47,657 shares held directly by the Aaron Paul Trust; and 46,888 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
This transaction was executed in multiple trades at prices ranging from $161.00 USD to $161.03 USD. The price reported above reflects the weighted average sale price. The issuer hereby undertakes to provide, upon request, to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Represents 46,689 shares held directly by the McGill Trust; 47,366 shares held directly by the Jordan Fisch Trust; 47,657 shares held directly by the Aaron Paul Trust; and 46,888 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
This transaction was executed in multiple trades at prices ranging from $161.00 USD to $161.38 USD. The price reported above reflects the weighted average sale price. The issuer hereby undertakes to provide, upon request, to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Represents 46,689 shares held directly by the McGill Trust; 46,566 shares held directly by the Jordan Fisch Trust; 47,657 shares held directly by the Aaron Paul Trust; and 46,888 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
This transaction was executed in multiple trades at prices ranging from $161.00 USD to $161.16 USD. The price reported above reflects the weighted average sale price. The issuer hereby undertakes to provide, upon request, to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Represents 46,689 shares held directly by the McGill Trust; 46,566 shares held directly by the Jordan Fisch Trust; 46,782 shares held directly by the Aaron Paul Trust; and 46,888 shares held directly by the Austin Paul Trust. The reporting person disclaims Section 16 beneficial ownership of the shares held in each of these trusts, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
This transaction was executed in multiple trades at prices ranging from $161.00 USD to $161.05 USD. The price reported above reflects the weighted average sale price. The issuer hereby undertakes to provide, upon request, to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.