SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SCHMERTZLER MICHAEL

(Last) (First) (Middle)
1300 VALLEY ROAD

(Street)
NEW CANAAN CT 06840

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PTC THERAPEUTICS, INC. [ PTCT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 26,766 D
Common Stock 09/09/2014 J(1) 1,125,742 D $0 1,131,140(2) I See footnote(2)
Common Stock 09/11/2014 J(3) 849 D (3) 1,130,291(4) I See footnote(4)
Common Stock 1,320,369 I See footnote(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a distribution in kind of (i) 879,811 shares of Common Stock of the Issuer ("Common Stock") by Credit Suisse First Boston Equity Partners (Bermuda), L.P. without consideration to its limited partners and (ii) 245,931 shares of Common Stock by Credit Suisse First Boston Equity Partners, L.P. without consideration to its limited partners. The reporting person disclaims beneficial ownership of the distributed securities except to the extent of his pecuniary interest therein.
2. Consists of (i) 879,798 shares of Common Stock held by Credit Suisse First Boston Equity Partners, L.P.; (ii) 245,924 shares of Common Stock held by Credit Suisse First Boston Equity Partners (Bermuda), L.P.; (iii) 3,487 shares of Common Stock held by EMA Private Equity Fund 1999 LP; (iv) 1,697 shares of Common Stock held by Credit Suisse First Boston U S Executive Advisors LP; and (v) 234 shares of Common Stock held by Credit Suisse First Boston Finders and Screeners LP. The reporting person is a Managing Director of Aries Advisors, LLC, the sub-advisor to Credit Suisse First Boston Equity Partners, L.P. The reporting person disclaims beneficial ownership of the shares of Common Stock held by Credit Suisse First Boston Equity Partners, L.P. and its affiliates except to the extent of his pecuniary interest therein.
3. Represents dispositions pursuant to Rule 144 of 849 shares of Common Stock at a weighted average price of $32.58 per share by Credit Suisse First Boston U S Executive Advisors LP. Although included in the reporting person's prior ownership reports, the reporting person disclaims beneficial ownership of the disposed securities.
4. Consists of (i) 879,798 shares held by Credit Suisse First Boston Equity Partners, L.P.; (ii) 245,924 shares held by Credit Suisse First Boston Equity Partners (Bermuda), L.P.; (iii) 3487 shares held by EMA Private Equity Fund 1999 LP; (iv) 848 shares held by Credit Suisse First Boston U S Executive Advisors LP; and (v) 234 shares held by Credit Suisse First Boston Finders and Screeners LP. The reporting person disclaims beneficial ownership of the reported shares of Common Stock except to the extent of his pecuniary interest therein.
5. Securities held by Section Six Partners, L.P. The reporting person is a general and limited partner of, and trustee of certain family trusts holding interests in, Section Six Partners, L.P. The reporting person disclaims beneficial ownership of the shares of Common Stock held by Section Six Partners, L.P. except to the extent of his pecuniary interest therein.
/s/ Colleen Diver Johnson, attorney-in-fact 09/11/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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