SEC Form 4 · accession 0001209191-16-141765
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
Sep 14, 2016
Accepted (ET)
Sep 16, 2016 · 3:21 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 | Sep 14, 2016 | M | 6,500 | $36.30 | A | 274,725 | D | |
| Common StockF2,F3 | Sep 14, 2016 | S | 400 | $88.76 | D | 274,325 | D | |
| Common StockF2,F4 | Sep 14, 2016 | S | 3,500 | $89.80 | D | 270,825 | D | |
| Common StockF2,F5 | Sep 14, 2016 | S | 200 | $90.27 | D | 270,625 | D | |
| Common StockF2,F6 | Sep 14, 2016 | S | 700 | $96.20 | D | 269,925 | D | |
| Common StockF2,F7 | Sep 14, 2016 | S | 1,700 | $97.17 | D | 268,225 | D | |
| Common Stock | holding | — | — | — | 13,286 | I | 401(k) | |
| Common Stock | holding | — | — | — | 78,200 | 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 | $36.30 | Sep 14, 2016 | M | 6,500 | D | — | Jan 23, 2017 | Common Stock | 6,500 | 112,000 | 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 $88.76 (range $88.22 to $88.99).
- F4Open market sales reported on this line occurred at a weighted average price of $89.80 (range $89.26 to $90.20).
- F5Open market sales reported on this line occurred at a weighted average price of $90.27 (range $90.26 to $90.28).
- F6Open market sales reported on this line occurred at a weighted average price of $96.20 (range $95.78 to $96.72).
- F7Open market sales reported on this line occurred at a weighted average price of $97.17 (range $96.83 to $97.71).
- F8Fully vested.