SEC Form 4 · accession 0001209191-15-064642
VERTEX PHARMACEUTICALS INC / MA · VRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart A Arbuckle
Officer — EVP\Chief Commercial Officer
Period of report
Aug 5, 2015
Accepted (ET)
Aug 7, 2015 · 4:23 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 | Aug 5, 2015 | M | 11,328 | $45.11 | A | 138,843 | D | |
| Common Stock | Aug 5, 2015 | M | 8,500 | $77.31 | A | 147,343 | D | |
| Common StockF2,F3 | Aug 5, 2015 | S | 4,200 | $140.51 | D | 143,143 | D | |
| Common StockF3,F4 | Aug 5, 2015 | S | 13,328 | $141.36 | D | 129,815 | D | |
| Common StockF3,F5 | Aug 5, 2015 | S | 2,300 | $142.18 | D | 127,515 | D | |
| Common Stock | holding | — | — | — | 140 | I | 401(k) |
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)F6 | $45.11 | Aug 5, 2015 | M | 11,328 | D | — | Feb 4, 2023 | Common Stock | 11,328 | 33,984 | D |
| Stock Option (right to buy)F7 | $77.31 | Aug 5, 2015 | M | 8,500 | D | — | Feb 4, 2024 | Common Stock | 8,500 | 42,500 | D |
Explanation of responses
- F1Transaction made pursuant to Mr. Arbuckle's company approved trading plan under Rule 10b5-1.
- F2Open market sales reported on this line occurred at a weighted average price of $140.51(range $139.93 to $140.92).
- F3Mr. Arbuckle 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.
- F4Open market sales reported on this line occurred at a weighted average price of $141.36 (range $140.93 to $141.92).
- F5Open market sales reported on this line occurred at a weighted average price of $142.18 (range $141.93 to $142.70).
- F6The option vests in 16 quarterly installments from 02/05/2013.
- F7The option vests in 16 quarterly installments from 02/05/2014.