SEC Form 4 · accession 0001553878-16-000040
ALNYLAM PHARMACEUTICALS, INC. · ALNY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Akshay Vaishnaw
Officer — EVP, R&D, CMO
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 7:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001178670
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $94.14 | Feb 23, 2016 | A | 10,000 | A | Feb 23, 2016 | Feb 23, 2026 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Consistent with past practice, on February 23, 2016, the Compensation Committee approved the grant of an option to purchase 10,000 shares of common stock to the reporting person in consideration of his attaining 10 consecutive years of employment on January 3, 2016. The exercise price approved by the Compensation Committee was the closing price of the common stock on the NASDAQ Global Select Market on the date of the reporting person's ten-year anniversary (or the last business day prior to such date), provided such price was higher than the closing price of the common stock on the NASDAQ Global Select Market on the date of grant.