SEC Form 4 · accession 0001209191-16-132871
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
Jul 13, 2016
Accepted (ET)
Jul 15, 2016 · 3:30 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 | Jul 13, 2016 | M | 6,500 | $36.30 | A | 274,725 | D | |
| Common StockF2,F3 | Jul 13, 2016 | S | 4,700 | $88.47 | D | 270,025 | D | |
| Common StockF2,F4 | Jul 13, 2016 | S | 1,800 | $89.68 | 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 | $36.30 | Jul 13, 2016 | M | 6,500 | D | — | Jan 23, 2017 | Common Stock | 6,500 | 170,500 | 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 $88.47 (range $87.98 to $88.84).
- F4Open market sales reported on this line occurred at a weighted average price of $89.68 (range $89.00 to $89.91).
- F5Fully vested.