SEC Form 4 · accession 0001209191-16-110591
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
Mar 23, 2016
Accepted (ET)
Mar 25, 2016 · 3:20 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 | Mar 23, 2016 | M | 5,130 | $35.35 | A | 270,414 | D | |
| Common StockF2,F3 | Mar 23, 2016 | S | 3,030 | $80.64 | D | 267,384 | D | |
| Common StockF2,F4 | Mar 23, 2016 | S | 900 | $81.48 | D | 266,484 | D | |
| Common StockF2,F5 | Mar 23, 2016 | S | 800 | $82.77 | D | 265,684 | D | |
| Common StockF2,F6 | Mar 23, 2016 | S | 200 | $83.33 | D | 265,484 | D | |
| Common StockF2,F7 | Mar 23, 2016 | S | 200 | $84.54 | D | 265,284 | D | |
| Common Stock | holding | — | — | — | 13,286 | I | 401(k) | |
| 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)F8 | $35.35 | Mar 23, 2016 | M | 5,130 | D | — | Jul 19, 2016 | Common Stock | 5,130 | 76,960 | 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 $80.64 (range $80.15 to $81.12).
- F4Open market sales reported on this line occurred at a weighted average price of $81.48 (range $81.22 to $82.02).
- F5Open market sales reported on this line occurred at a weighted average price of $82.77 (range $82.28 to $83.25).
- F6Open market sales reported on this line occurred at a weighted average price of $83.33 (range $83.29 to $83.37).
- F7Open market sales reported on this line occurred at a weighted average price of $84.54 (range $84.53 to $84.54).
- F8Fully vested.