SEC Form 4/A · accession 0001127602-16-044829
BIOGEN INC. · BIIB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
George A Scangos
Officer — Chief Executive Officer · Director
Period of report
Feb 12, 2015
Accepted (ET)
Mar 3, 2016 · 4:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000875045
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 12, 2015 | M | 9,189 | $0.00 | A | 43,466 | D | |
| Common Stock | holding | — | — | — | 5,378 | I | by Trust | |
| Common Stock | holding | — | — | — | 5,378 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | $0.00 | Feb 12, 2015 | M | 9,189 | D | — | Feb 12, 2017 | Common Stock | 9,189 | 18,380 | D |
Explanation of responses
- F1This amendment is being filed to correct a typographical error. The number of shares vested was initially reported as 9,198 and should have been 9,189.
- F2The number of RSUs reported represents the maximum possible number of shares that are eligible for vesting, which is 150% of the number of shares at target payout. One-fourth of these RSUs are eligible to vest on each of the first four anniversaries of the grant date. The actual number of shares that will vest on each vesting date will be determined by comparing the price of Biogen Idec common stock on such vesting date to the price on the grant date (i.e., number of vested shares = number of shares at target payout times [the average 60 calendar-day closing stock price ending on the vesting date divided by the average 60 calendar-day closing stock price on the grant date]).