SEC Form 4 · accession 0001209191-16-145887
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
Oct 12, 2016
Accepted (ET)
Oct 14, 2016 · 11:53 am 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 | Oct 12, 2016 | M | 6,500 | $36.30 | A | 274,725 | D | |
| Common StockF2,F3 | Oct 12, 2016 | S | 4,100 | $80.79 | D | 270,625 | D | |
| Common StockF2,F4 | Oct 12, 2016 | S | 1,400 | $81.28 | D | 269,225 | D | |
| Common StockF2,F5 | Oct 12, 2016 | S | 1,000 | $82.35 | D | 268,225 | D | |
| Common Stock | holding | — | — | — | 13,286 | I | 401k | |
| 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)F6 | $36.30 | Oct 12, 2016 | M | 6,500 | D | — | Jan 23, 2017 | Common Stock | 6,500 | 86,000 | 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 $80.79 (range $80.13 to $81.12).
- F4Open market sales reported on this line occurred at a weighted average price of $81.28 (range $81.16 to $81.94).
- F5Open market sales reported on this line occurred at a weighted average price of $82.35 (range $82.20 to $82.57).
- F6Fully vested.