SEC Form 4 · accession 0001127602-16-064471
Alkermes plc. · ALKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Frates
Officer — SVP, Alks Inc; CFO ALKS
Period of report
Oct 5, 2016
Accepted (ET)
Oct 6, 2016 · 9:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001520262
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | Aug 4, 2016 | G | 4,437 | $0.00 | D | 61,924 | D | |
| Ordinary Shares | Oct 5, 2016 | M | 5,000 | $0.00 | A | 91,785 | D | |
| Ordinary Shares | Oct 5, 2016 | F | 2,353 | $46.43 | D | 89,432 | D | |
| Ordinary Shares | holding | — | — | — | 4,000 | I | By Sons | |
| Ordinary SharesF3 | holding | — | — | — | 41,041 | I | By 2014 GRAT | |
| Ordinary SharesF4 | holding | — | — | — | 16,562 | I | By 2015 GRAT | |
| Ordinary SharesF5 | holding | — | — | — | 30,000 | I | By 2015 GRAT No. 2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitsF6,F7 | — | Oct 5, 2016 | M | 5,000 | D | — | — | Ordinary Shares | 5,000 | 0 | D |
Explanation of responses
- F1Includes 9,760 shares received on June 2, 2016 pursuant to an annuity payment from the James M. Frates Grantor Retained Annuity Trust dated March 14, 2014 (the "2014 GRAT"), which was exempt from reporting obligations by virtue of Rule 16a-13 promulgated under the Securities Exchange Act of 1934, as amended.
- F2Includes 24,861 shares received on September 9, 2016 pursuant to an annuity payment from the James M. Frates Grantor Retained Annuity Trust dated May 29, 2015 (the "2015 GRAT"), which was exempt from reporting obligations by virtue of Rule 16a-13 promulgated under the Securities Exchange Act of 1934, as amended.
- F3Shares held by James M. Frates Grantor Retained Annuity Trust dated March 14, 2014 (the "GRAT"). The Reporting Person is a trustee and beneficiary of the GRAT and may be deemed to hold voting and dispositive power with regard to the reported shares held by the GRAT.
- F4Shares held by the James M. Frates Grantor Retained Annuity Trust dated May 29, 2015 (the "2015 GRAT"). The Reporting Person is a trustee and beneficiary of the 2015 GRAT and may be deemed to hold voting and dispositive power with regard to the reported shares held by the 2015 GRAT.
- F5Shares held by the James M. Frates Grantor Retained Annuity Trust No. 2 dated November 25, 2015 (the "2015 GRAT No. 2"). The Reporting Person is a trustee and beneficiary of the 2015 GRAT No. 2 and may be deemed to hold voting and dispositive power with regard to the reported shares held by the 2015 GRAT No. 2.
- F6Each performance restricted stock unit represented a contingent right to receive one ordinary share of Alkermes plc.
- F7This performance restricted stock unit, which was granted to the reporting person on March 3, 2014, is fully vested in accordance with its terms.