ROBICHAUD ALBERT (Chief Scientific Officer) purchased 22.4% of their position (25K shares) of SAGE THERAPEUTICS, INC. on the open market

Open‑market purchase worth $1.60M — a significant purchase. The strongest form of insider conviction signal.

P · 1 purchase

ROBICHAUD ALBERT

Filed: 12/10/2019ACC: 0001562180-19-005991

InsiderROBICHAUD ALBERTCIK 1612861

→

IssuerSAGE THERAPEUTICS, INC.CIK 1597553

Officer· Chief Scientific Officer

Since Dec 2018

+25K

Net shares

Net buyer

$1.92M

Total acquired

Open market trades

1B · 0S

Total transactions

40.74K acquired · 15.74K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+6.93K

Price / share

$1.36

Trade value

$9.43K

% of position

7.2%

12/9/2019

95.66K→102.59K

Common Stock

Direct

M · Option Exercise

+5.73K

Price / share

$38.25

Trade value

$219.25K

% of position

5.6%

12/9/2019

102.59K→108.32K

Common Stock

Direct

M · Option Exercise

+3.08K

Price / share

$28.63

Trade value

$88.07K

% of position

2.8%

12/9/2019

108.32K→111.40K

Common Stock

Direct

P · Purchase

+25K

Price / share

$64.16

Trade value

$1.60M

% of position

22.4%

12/9/2019

111.40K→136.40K

Total

Net shares

+40.74K

Net value

$1.92M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/9/2019	M · Option Exercise	+6.93K	$1.36	$9.43K	7.2%	95.66K	102.59K
Common Stock Direct	12/9/2019	M · Option Exercise	+5.73K	$38.25	$219.25K	5.6%	102.59K	108.32K
Common Stock Direct	12/9/2019	M · Option Exercise	+3.08K	$28.63	$88.07K	2.8%	108.32K	111.40K
Common Stock Direct	12/9/2019	P · Purchase	+25K	$64.16	$1.60M	22.4%	111.40K	136.40K
Total			+40.74K		$1.92M

Derivative Transactions3

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

6.93K shares

−6.93K

Strike price

1.36

Held after

0.00

Exercisable

—

12/9/2019

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.73K shares

−5.73K

Strike price

38.25

Held after

32.67K

Exercisable

—

12/9/2019

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.08K shares

−3.08K

Strike price

28.63

Held after

21.92K

Exercisable

—

12/9/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (Right to Buy) Direct	Common Stock6.93K shares	12/9/2019	M · Option Exercise	−6.93K	1.36	—	0.00
Stock Option (Right to Buy) Direct	Common Stock5.73K shares	12/9/2019	M · Option Exercise	−5.73K	38.25	—	32.67K
Stock Option (Right to Buy) Direct	Common Stock3.08K shares	12/9/2019	M · Option Exercise	−3.08K	28.63	—	21.92K