0001104659-18-000810.txt : 20180104
0001104659-18-000810.hdr.sgml : 20180104
20180104170837
ACCESSION NUMBER: 0001104659-18-000810
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180102
FILED AS OF DATE: 20180104
DATE AS OF CHANGE: 20180104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Westby Keith
CENTRAL INDEX KEY: 0001696429
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36080
FILM NUMBER: 18510943
MAIL ADDRESS:
STREET 1: ONE UNIVERSITY SQUARE DRIVE, SUITE 280
CITY: PRINCETON
STATE: NJ
ZIP: 08540
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ophthotech Corp.
CENTRAL INDEX KEY: 0001410939
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 208185347
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE PENN PLAZA
STREET 2: 35TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10119
BUSINESS PHONE: 212-845-8200
MAIL ADDRESS:
STREET 1: ONE PENN PLAZA
STREET 2: 35TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10119
4
1
a4.xml
4
X0306
4
2018-01-02
0
0001410939
Ophthotech Corp.
OPHT
0001696429
Westby Keith
C/O OPHTHOTECH CORPORATION
ONE PENN PLAZA, 35TH FLOOR
NEW YORK
NY
10119
0
1
0
0
SVP & COO
Common Stock
2018-01-02
4
M
0
781
A
24956
D
Common Stock
2018-01-03
4
S
0
356
3.24
D
24600
D
Restricted Stock Units
2018-01-02
4
M
0
781
0
D
2025-01-01
Common Stock
781
781
D
Restricted stock units converted into common stock on a one-for-one basis upon vesting of the units.
Represents shares automatically sold pursuant to the prespecified terms of the applicable Restricted Stock Unit Agreement to satisfy the reporting person's minimum statutory withholding obligations with respect to the income recognized by the reporting person upon the vesting of the restricted stock units on January 2, 2018.
These shares were disposed of in multiple transactions on January 3, 2018 at actual sales prices ranging from $3.24 to $3.25 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the staff of the Securities Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
On January 2, 2015, the reporting person was granted an award of 3,124 restricted stock units, which vests with respect to 25% of the shares subject to the award on each of the first, second, third and fourth anniversaries of the grant date, subject to continued employment with the issuer and the other terms and conditions under the issuer's 2013 Stock Incentive Plan.
/s/ David F. Carroll, as Attorney-in-Fact for Keith Westby
2018-01-04