SEC Form 4 · accession 0001209191-16-125730
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
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 5:11 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 StockF1 | Jun 1, 2016 | A | 2,941 | $0.01 | A | 268,225 | D | |
| Common Stock | Jun 1, 2016 | M | 5,130 | $35.35 | A | 273,355 | D | |
| Common StockF3,F4 | Jun 1, 2016 | S | 4,930 | $93.63 | D | 268,425 | D | |
| Common Stock | Jun 1, 2016 | S | 200 | $94.04 | D | 268,225 | 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)F5 | $93.51 | Jun 1, 2016 | A | 7,073 | A | — | May 31, 2026 | Common Stock | 7,073 | 7,073 | D |
| Stock Option (Right to Buy)F5 | $35.35 | Jun 1, 2016 | M | 5,130 | D | — | Jul 19, 2016 | Common Stock | 5,130 | 30,790 | D |
Explanation of responses
- F1Restricted stock unit award that vests on the first anniversary of the grant date.
- F2Transaction made pursuant to Dr. Boger's company approved trading plan under Rule 10b5-1.
- F3Dr. 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.
- F4Open market sales reported on this line occurred at a weighted average price of $93.63 (range $92.99 to $93.92).
- F5Fully vested.