• SEC Filings

ULTRAGENYX PHARMACEUTICAL INC. (NASDAQ:RARE) Files An 8-K Temporary Suspension of Trading Under Registrant’s Employee Benefit Plans
Item 5.04

Temporary Suspension of Trading Under Registrant’s Employee Benefit Plans.

On August 22, 2018, Ultragenyx Pharmaceutical Inc. (the “Company”) sent a blackout trading restriction notice to its directors and executive officers (the “Notice”) informing them that they will be prohibited from engaging in certain transactions involving the Company’s common stock during a blackout period (the “Blackout Period”) imposed on participants in the Ultragenyx Pharmaceutical Inc. 401(k) Plan and Trust (the “Plan”). The Notice stated that the Blackout Period will begin on August 24, 2018 at 4PM ET/1PM PT and is expected to end during the week of September 30, 2018. The actual end date of the Blackout Period will depend upon the timing and finalization of the transition described below.

The reason for the Blackout Period is to transition the Plan to a new record keeper (the “Transition”), who will serve as the record keeper, custodian, and trustee of the Plan. During the Blackout Period, participants will not be able to change deferral elections, change investment options or request a loan or distribution.

During the Blackout Period, subject to limited exceptions, directors and executive officers will be prohibited from, directly or indirectly, purchasing, selling, or otherwise acquiring or transferring equity securities of the Company (including common stock and derivative securities pertaining to such stock) acquired in connection with their service as a director or employment as an executive officer of the Company.

The Company received notice of the Blackout Period on August 22, 2018.

During the Blackout Period and for a period of two years thereafter, security holders and other interested persons may obtain, without charge, information regarding the Blackout Period (including the actual dates of the Blackout Period) by contacting Karah Parschauer, Executive Vice President, General Counsel, Ultragenyx Pharmaceutical Inc., 60 Leveroni Court, Novato, California 94949, or by telephone at (415) 483-8800.

* * *

About ULTRAGENYX PHARMACEUTICAL INC. (NASDAQ:RARE)

Ultragenyx Pharmaceutical Inc. is a clinical-stage biopharmaceutical company. The Company is focused on the identification, acquisition, development, and commercialization of products for the treatment of genetic diseases. The Company is engaged in the identification, acquisition, development and commercialization of products for the treatment of rare and ultra-rare diseases segment. Its pipeline consists of two product categories: biologics, including a monoclonal antibody and enzyme replacement therapies, and small-molecule substrate replacement therapies. KRN23 is a fully human monoclonal antibody administered via subcutaneous injection. Recombinant human beta-glucuronidase (rhGUS), is an intravenous (IV), enzyme replacement therapy for the treatment of mucopolysaccharidosis 7 (MPS 7). It is developing UX007 for oral administration intended as a substrate replacement therapy. It is developing aceneuramic acid extended-release (Ace-ER) for the treatment of GNE myopathy.