SEC Form 4 · accession 0001209191-16-095840
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
Feb 2, 2016
Accepted (ET)
Feb 4, 2016 · 6:51 pm EST
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 | Feb 2, 2016 | A | 17,299 | $0.01 | A | 121,763 | D | |
| Common StockF2,F3 | Feb 3, 2016 | S | 2,597 | $89.92 | D | 119,166 | D | |
| Common StockF3,F4 | Feb 3, 2016 | S | 2,100 | $90.98 | D | 117,066 | D | |
| Common StockF3,F5 | Feb 3, 2016 | S | 700 | $91.89 | D | 116,366 | D | |
| Common StockF3,F6 | Feb 3, 2016 | S | 645 | $92.80 | D | 115,721 | 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)F7 | $91.05 | Feb 2, 2016 | A | 34,482 | A | — | Feb 1, 2026 | Common Stock | 34,482 | 34,482 | 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 $89.92 (range $89.31 to $90.27).
- 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 $90.98 (range $90.38 to $91.32).
- F5Open market sales reported on this line occurred at a weighted average price of $91.89 (range $91.38 to $92.35).
- F6Open market sales reported on this line occurred at a weighted average price of $92.80 (range $92.40 to $93.03).
- F7The option vests in 16 quarterly installments from 02/02/2016.