Albert Robichaud - Jun 15, 2021 Form 4 Insider Report for Sage Therapeutics, Inc. (SAGE)

Signature
/s/ Jennifer Fitzpatrick, as Attorney-in-Fact for Albert Robichaud
Stock symbol
SAGE
Transactions as of
Jun 15, 2021
Transactions value $
-$67,267
Form type
4
Date filed
6/17/2021, 09:12 AM
Next filing
Oct 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAGE Common Stock Award $0 +4K +2.92% $0.00 141K Jun 15, 2021 Direct F1, F2
transaction SAGE Common Stock Tax liability -$67.3K -1.14K -0.81% $58.80 140K Jun 15, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 25, 2020, the reporting person was granted Performance Stock Units (PSU) to acquire a total of 10,000 shares of common stock. The PSU vests upon the achievement of certain milestones, one of which was met on June 15, 2021, resulting in the vesting of the PSU as to 4,000 shares.
F2 Reflects beneficial ownership balance, which includes 54 shares purchased on December 31, 2019 under the Sage Therapeutics, Inc. 2014 Employee Stock Purchase Plan (the "ESPP") and 341 shares purchased on June 30, 2020 under the ESPP.