SEC Form 4 · accession 0001209191-15-045335
VERTEX PHARMACEUTICALS INC / MA · VRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua S Boger
Director
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 4:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000875320
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 19, 2015 | G | 41,000 | $0.00 | D | 345,284 | D | |
| Common Stock | May 20, 2015 | M | 1,300 | $17.16 | A | 346,584 | D | |
| Common Stock | May 20, 2015 | M | 10,400 | $35.64 | A | 356,984 | D | |
| Common StockF3,F4 | May 20, 2015 | S | 1,000 | $125.07 | D | 355,984 | D | |
| Common StockF4,F5 | May 20, 2015 | S | 9,000 | $126.75 | D | 346,984 | D | |
| Common StockF4,F6 | May 20, 2015 | S | 1,700 | $127.62 | D | 345,284 | D | |
| Common Stock | holding | — | — | — | 13,286 | I | 401(k) | |
| Common StockF7 | holding | — | — | — | 122,700 | I | Common Stock held in trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F8 | $17.16 | May 20, 2015 | M | 1,300 | D | — | Jul 19, 2015 | Common Stock | 1,300 | 10,900 | D |
| Stock Option (right to buy)F8 | $35.64 | May 20, 2015 | M | 10,400 | D | — | Feb 1, 2016 | Common Stock | 10,400 | 375,200 | D |
Explanation of responses
- F1Represents gifts made to three charitable foundations.
- F2Transaction made pursuant to Dr. Boger's company approved trading plan under Rule 10b5-1.
- F3Open market sales reported on this line occurred at a weighted average price of $125.07 (range $124.59 to $125.45).
- F4Dr. Boger undertakes to provide (upon request by the SEC staff, the issuer or a security holder of the issuer) full information regarding the number of shares sold at each separate price.
- F5Open market sales reported on this line occurred at a weighted average price of $126.75 (range $126.27 to $127.15).
- F6Open market sales reported on this line occurred at a weighted average price of $127.62 (range $127.28 to $127.90).
- F7Common stock held in grantor retained annuity trusts.
- F8Fully vested.