SEC Form 4 · accession 0001209191-16-100331
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
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 12:08 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 17, 2016 | M | 5,130 | $35.35 | A | 270,414 | D | |
| Common StockF2,F3 | Feb 17, 2016 | S | 300 | $85.16 | D | 270,114 | D | |
| Common StockF2,F4 | Feb 17, 2016 | S | 3,000 | $86.74 | D | 267,114 | D | |
| Common StockF2,F5 | Feb 17, 2016 | S | 1,830 | $87.53 | D | 265,284 | D | |
| Common Stock | holding | — | — | — | 13,286 | I | 401k | |
| Common Stock | 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)F6 | $35.35 | Feb 17, 2016 | M | 5,130 | D | — | Jul 19, 2016 | Common Stock | 5,130 | 102,610 | D |
Explanation of responses
- F1Transaction made pursuant to Dr. Boger's company approved trading plan under Rule 10b5-1.
- F2Dr. 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.
- F3Open market sales reported on this line occurred at a weighted average price of $85.16 (range $84.66 to $85.56).
- F4Open market sales reported on this line occurred at a weighted average price of $86.74 (range $86.22 to $87.18).
- F5Open market sales reported on this line occurred at a weighted average price of $87.53 (range $87.24 to $88.18).
- F6Fully vested.