0001209191-16-104941.txt : 20160302
0001209191-16-104941.hdr.sgml : 20160302
20160302212437
ACCESSION NUMBER: 0001209191-16-104941
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160229
FILED AS OF DATE: 20160302
DATE AS OF CHANGE: 20160302
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sarepta Therapeutics, Inc.
CENTRAL INDEX KEY: 0000873303
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 930797222
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 215 FIRST STREET
STREET 2: SUITE 415
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
BUSINESS PHONE: 617-274-4000
MAIL ADDRESS:
STREET 1: 215 FIRST STREET
STREET 2: SUITE 415
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
FORMER COMPANY:
FORMER CONFORMED NAME: Sarepta Therapuetics, Inc.
DATE OF NAME CHANGE: 20120712
FORMER COMPANY:
FORMER CONFORMED NAME: AVI BIOPHARMA INC
DATE OF NAME CHANGE: 19980930
FORMER COMPANY:
FORMER CONFORMED NAME: ANTIVIRALS INC
DATE OF NAME CHANGE: 19970123
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Aphale Jayant
CENTRAL INDEX KEY: 0001574696
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14895
FILM NUMBER: 161479388
MAIL ADDRESS:
STREET 1: 215 FIRST STREET
STREET 2: SUITE 7
CITY: CAMBRIDGE
STATE: MA
ZIP: 02142
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-02-29
0
0000873303
Sarepta Therapeutics, Inc.
SRPT
0001574696
Aphale Jayant
215 FIRST STREET, SUITE 415
CAMBRIDGE
MA
02142
0
1
0
0
SVP, Technical Operations
Common Stock
2016-02-29
4
A
0
2352
0.00
A
12255
D
Common Stock
500
I
Spouse
Incentive Stock Option (right to buy)
13.71
2016-02-29
4
A
0
4375
0.00
A
2026-02-28
Common Stock
4375
4375
D
Non-Qualified Stock Option (right to buy)
13.71
2016-02-29
4
A
0
10625
0.00
A
2026-02-28
Common Stock
10625
10625
D
Incentive Stock Option (right to buy)
13.71
2016-02-29
4
A
0
246
0.00
A
2026-02-28
Common Stock
246
246
D
Non-Qualified Stock Option (right to buy)
13.71
2016-02-29
4
A
0
14754
0.00
A
2026-02-28
Common Stock
14754
14754
D
100% of the Restricted Stock Award granted on February 29, 2016 vests six months from the date of grant. This award is being provided in lieu of a portion of the executive's cash bonus and is subject to continued service with the Issuer.
Includes shares acquired under the Sarepta Therapeutics, Inc. 2013 Employee Stock Purchase Plan, 800 shares were acquired on February 29, 2016 at a price of $11.4665.
Represents shares held by spouse, which were not previously reported and were acquired by the spouse of the reporting person before the reporting person became a Section 16 officer of the issuer.
25% of the option granted vests and is exercisable on the first anniversary of the date of grant and 1/48th of the total granted option will vest and become exercisable on each monthly anniversary thereafter, such that the option will be fully vested and exercisable on the fourth anniversary of the date of grant.
Half of the options begin vesting in the event the FDA provides marketing approval for eteplirsen as of the applicable PDUFA date and the other half of the options begin vesting in the event Sarepta files a Marketing Authorization Application with the EMEA prior to December 31, 2016. Vesting of the options allocated to the achievement of each goal is as follows: (i) 50% of the options allocated to the achieved goal vests immediately upon achievement of the performance condition (25% of the total Performance-Based Options granted) and (ii) the remaining 50% of the options allocated to the achieved goal (25% of the total Performance-Based Options granted) vests over four years with 25% of these remaining options vesting on the first year anniversary of the grant date and 1/48th of these remaining options vesting monthly thereafter.
/s/David Tyronne Howton
2016-03-02