SEC Form 4 · accession 0001127602-16-070166
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 14, 2016
Accepted (ET)
Dec 15, 2016 · 6:54 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 Shares | Dec 14, 2016 | M | 15,000 | $14.13 | A | 127,342 | D | |
| Ordinary Shares | Dec 14, 2016 | M | 10,000 | $11.74 | A | 137,342 | D | |
| Ordinary SharesF3 | Dec 14, 2016 | S | 24,900 | $54.7234 | D | 112,442 | D | |
| Ordinary Shares | Dec 14, 2016 | S | 100 | $55.20 | D | 112,342 | D | |
| Ordinary Shares | holding | — | — | — | 4,000 | I | By Sons | |
| Ordinary SharesF4 | holding | — | — | — | 41,041 | I | By 2014 GRAT | |
| Ordinary SharesF5 | holding | — | — | — | 16,562 | I | By 2015 GRAT | |
| Ordinary SharesF6 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F7 | $14.13 | Dec 14, 2016 | M | 15,000 | D | — | Nov 5, 2017 | Ordinary Shares | 15,000 | 0 | D |
| Employee Stock Option (Right to Buy)F7 | $11.74 | Dec 14, 2016 | M | 10,000 | D | — | May 17, 2020 | Ordinary Shares | 10,000 | 41,983 | D |
Explanation of responses
- F1This option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $54.20 to $55.19. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F4Shares 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.
- F5Shares 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.
- F6Shares 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.
- F7These options are fully vested in accordance with their terms.