Michael Halstead - 11 Jan 2024 Form 4 Insider Report for Intra-Cellular Therapies, Inc. (ITCI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Jan 2024, 18:02:47 UTC
Prior SEC filing
14 Nov 2023
Next SEC filing
05 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lawrence J. Hineline, Attorney-in-fact

Key filing fact

Michael Halstead filed Form 4 for Intra-Cellular Therapies, Inc. (ITCI) on 12 Jan 2024.

Key facts

  • This page summarizes Michael Halstead's Form 4 filing for Intra-Cellular Therapies, Inc. (ITCI).
  • 7 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 12 Jan 2024, 18:02.

Change

  • Previous filing in this sequence was filed on 14 Nov 2023.
  • Current net transaction value: -$2,661,648.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ITCI transaction

Common Stock

Options Exercise

Transaction value
$587,044
Shares
+46,115
Change %
Price
$12.73*
Shares after
46,115
Date
11 Jan 2024
Ownership
Direct
ITCI transaction

Common Stock

Options Exercise

Transaction value
$93,007
Shares
+3,885
Change %
+8.4%
Price
$23.94
Shares after
50,000
Date
11 Jan 2024
Ownership
Direct
ITCI transaction

Common Stock

Sale

Transaction value
$1,203,792
Shares
-18,154
Change %
-36%
Price
$66.31
Shares after
31,846
Date
11 Jan 2024
Ownership
Direct
Footnotes
F1, F2
ITCI transaction

Common Stock

Sale

Transaction value
$2,037,156
Shares
-30,360
Change %
-95%
Price
$67.10
Shares after
1,486
Date
11 Jan 2024
Ownership
Direct
Footnotes
F1, F3
ITCI transaction

Common Stock

Sale

Transaction value
$100,751
Shares
-1,486
Change %
-100%
Price
$67.80
Shares after
0
Date
11 Jan 2024
Ownership
Direct
Footnotes
F1, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ITCI transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-46,115
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
46,115
Exercise price
$12.73
Footnotes
F5
ITCI transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-3,885
Change %
-15%
Price
$0.000000
Shares after
22,869
Date
11 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,885
Exercise price
$23.94
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

This sale was effected pursuant to a Rule 10b5-1 trading plan originally adopted by the reporting person on March 15, 2023 and amended on May 8, 2023 and August 11, 2023.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.72 to $66.71, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth above.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.72 to $67.7094, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth above.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.745 to $67.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth above.

Footnote F5

All shares underlying this option have vested.

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