Filing Details

Accession Number:
0001562180-19-003095
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-24 16:00:34
Reporting Period:
2019-05-22
Accepted Time:
2019-05-24 16:00:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1597553 Sage Therapeutics Inc. SAGE Pharmaceutical Preparations (2834) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1704336 Michael Cloonan C/O Sage Therapeutics, Inc.
215 First Street
Cambridge MA 02142
Chief Business Officer No 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 2019-05-22 25,000 $73.43 25,461 No 4 M Direct
Common Stock Disposition 2019-05-22 25,000 $175.00 461 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 Stock Option (Right to Buy) Disposition 2019-05-22 25,000 $0.00 25,000 $73.43
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
160,000 2027-05-01 No 4 M Direct
Footnotes
  1. The 461 shares reported as beneficially owned were acquired by the reporting person pursuant to the issuer's employee stock purchase plan.
  2. The sales reported on this Form 4 were effected pursuant to a trading plan adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
  3. The securities awarded on 5/01/2017 were in the form of stock options issued pursuant to the Sage Therapeutics, Inc. 2016 Inducement Equity Plan. Options to purchase 46,250 shares of common stock vested on April 24, 2018 with 138,750 shares vesting in 36 equal monthly installments thereafter.