SEC Form 4 · accession 0001127602-16-069524
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
Dec 7, 2016
Accepted (ET)
Dec 8, 2016 · 6:24 pm EST
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 SharesF2 | Dec 7, 2016 | M | 13,731 | $15.95 | A | 126,073 | D | |
| Ordinary Shares | Dec 7, 2016 | M | 10,000 | $11.74 | A | 136,073 | D | |
| Ordinary SharesF4 | Dec 7, 2016 | S | 5,496 | $55.6454 | D | 130,577 | D | |
| Ordinary SharesF5 | Dec 7, 2016 | S | 17,379 | $56.4375 | D | 113,198 | D | |
| Ordinary SharesF6 | Dec 7, 2016 | S | 856 | $57.2167 | D | 112,342 | D | |
| Ordinary Shares | holding | — | — | — | 4,000 | I | By Sons | |
| Ordinary SharesF7 | holding | — | — | — | 41,041 | I | By 2014 GRAT | |
| Ordinary SharesF8 | holding | — | — | — | 16,562 | I | By 2015 GRAT | |
| Ordinary SharesF9 | holding | — | — | — | 11,421 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Option (Right to Buy)F10 | $15.95 | Dec 7, 2016 | M | 13,731 | D | — | Jun 1, 2017 | Ordinary Shares | 13,731 | 0 | D |
| Employee Stock Option (Right to Buy)F10 | $11.74 | Dec 7, 2016 | M | 10,000 | D | — | May 17, 2020 | Ordinary Shares | 10,000 | 51,983 | D |
Explanation of responses
- F1This option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F10These options are fully vested in accordance with their terms.
- F2Includes 18,579 shares received on December 5, 2016 pursuant to an annuity payment from the James M. Frates Grantor Retained Annuity Trust No. 2 dated November 25, 2015 (the "2015 GRAT No. 2") which was exempt from reporting obligations by virtue of Rule 16a-13 promulgated under the Securities Exchange Act of 1934, as amended.
- F3This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F4The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $55.09 to $56.08. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F5The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $56.10 to $57.06. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F6The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $57.14 to $57.33. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F7Shares 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.
- F8Shares 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.
- F9Shares 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.