JOEL S. MARCUS - 18 Jun 2019 Form 4 Insider Report for Intra-Cellular Therapies, Inc. (ITCI)

Role
Director
Signature
/s/ Lawrence J. Hineline, Attorney-in-fact
Issuer symbol
ITCI
Transactions as of
18 Jun 2019
Net transactions value
-$550,000
Form type
4
Filing time
13 May 2022, 17:24:37 UTC
Next filing
16 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITCI Common Stock Options Exercise +14,189 +28% 64,233 18 Jun 2019 Direct F1, F2
transaction ITCI Common Stock Sale $550,000 -10,000 -16% $55.00 54,233 12 May 2022 Direct
holding ITCI Common Stock 10,000 18 Jun 2019 See Footnote F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ITCI Restricted Stock Units Options Exercise $0 -14,189 -100% $0.000000* 0 18 Jun 2019 Common Stock 14,189 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock.
F2 Includes 7,297 shares previously reported as sold from the reporting person's direct holdings, which were actually sold by Alexandria Real Estate Equities, Inc.
F3 Reflects the deduction of the 7,297 shares described in footnote (2). The reported amount also excludes 9,619 shares that were previously reported as indirectly held, but in which the reporting person had no pecuniary interest.
F4 Represents securities held of record by Alexandria Real Estate Equities, Inc. The reporting person is the Executive Chairman & Founder of Alexandria Real Estate Equities, Inc. and may therefore be deemed to have voting and investment power with respect to the shares owned by Alexandria Real Estate Equities, Inc. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F5 On June 18, 2018, the reporting person was granted 14,189 restricted stock units, vesting on the first anniversary of the grant date (June 18, 2019).

Remarks:

Shares previously reported as held by the Joel S. Marcus and Barbara A. Marcus Family Trust are now reported as being held directly by the reporting person.