SEC Form 4 · accession 0001127602-17-031773
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
Jun 9, 2017
Accepted (ET)
Nov 9, 2017 · 5:07 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 SharesF1 | Jun 9, 2017 | G | 2,000 | $0.00 | D | 127,477 | D | |
| Ordinary Shares | Nov 8, 2017 | M | 20,932 | $12.29 | A | 164,971 | D | |
| Ordinary SharesF4 | Nov 8, 2017 | S | 20,932 | $47.5831 | D | 144,039 | D | |
| Ordinary Shares | holding | — | — | — | 4,000 | I | By Sons | |
| Ordinary SharesF5 | holding | — | — | — | 31,940 | I | By 2014 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 | $12.29 | Nov 8, 2017 | M | 20,932 | D | — | May 27, 2018 | Ordinary Shares | 20,932 | 20,932 | D |
Explanation of responses
- F1Includes 16,562 shares received on August 1, 2017 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.
- F2This option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/9/17.
- F3This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/9/17.
- F4The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $47.06 to $48.00. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F5Shares held by James M. Frates Grantor Retained Annuity Trust dated March 14, 2014 (the "2014 GRAT"). The Reporting Person is a trustee and beneficiary of the 2014 GRAT and may be deemed to hold voting and dispositive power with regard to the reported shares held by the 2014 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.