0001209191-16-125601.txt : 20160603
0001209191-16-125601.hdr.sgml : 20160603
20160603161702
ACCESSION NUMBER: 0001209191-16-125601
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160601
FILED AS OF DATE: 20160603
DATE AS OF CHANGE: 20160603
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ophthotech Corp.
CENTRAL INDEX KEY: 0001410939
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: ONE PENN PLAZA
STREET 2: 19TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10119
BUSINESS PHONE: 212-845-8200
MAIL ADDRESS:
STREET 1: ONE PENN PLAZA
STREET 2: 19TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROSS MICHAEL JAY
CENTRAL INDEX KEY: 0001254452
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36080
FILM NUMBER: 161695895
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-06-01
0
0001410939
Ophthotech Corp.
OPHT
0001254452
ROSS MICHAEL JAY
ONE BOSTON PLACE
201 WASHINGTON STREET, SUITE 3900
BOSTON
MA
02108
1
0
0
0
Common Stock
2016-06-01
4
M
0
1750
A
1750
D
Stock Option (right to buy)
58.29
2016-06-02
4
A
0
7000
0.00
A
2016-07-02
2026-06-01
Common Stock
7000
7000
D
Restricted Stock Units
2016-06-02
4
A
0
1750
0.00
A
Common Stock
1750
1750
D
As previously reported, on June 4, 2015 the Issuer awarded the Reporting Person a Restricted Stock Unit award which represented the contingent right to receive 1,750 shares of Issuer common stock. Pursuant to the terms of a Restricted Stock Unit Agreement by and between the Reporting Person and the Issuer, this Restricted Stock Unit award vested on June 1, 2016 with respect to 100% of the shares subject to the award, and the shares were issued to the Reporting Person.
Subject to Reporting Person providing continued services to the Issuer and other terms and conditions under a stock option agreement by and between the Reporting Person and the Issuer, The option will vest and become exercisable in 12 consecutive, equal monthly installments commencing on July 2, 2016 until fully vested and exercisable on the first anniversary of the date of grant. Any unvested shares subject to the option will be accelerated in full one business day prior to the Issuer's 2017 annual meeting of stockholders.
Each restricted stock unit represents the contingent right to receive one share of Issuer common stock upon vesting of the unit.
Subject to Reporting Person providing continued services to the Issuer and other terms and conditions under a Restricted Stock Unit Agreement by and between the Reporting Person and the Issuer, this Restricted Stock Unit award will vest with respect to 100% of the shares subject to the award on the earlier of (i) the first anniversary of the grant date or (ii) one business day prior to the Issuer's 2017 annual meeting of stockholders.
/s/ Thomas B. Rosedale (Pursuant to Power of Attorney)
2016-06-03