SEC Form 4 · accession 0001209191-16-147236
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 26, 2016
Accepted (ET)
Oct 28, 2016 · 1:12 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 | Oct 26, 2016 | M | 6,500 | $36.30 | A | 274,725 | D | |
| Common StockF2,F3 | Oct 26, 2016 | S | 2,000 | $77.80 | D | 272,725 | D | |
| Common StockF2,F4 | Oct 26, 2016 | S | 1,700 | $78.92 | D | 271,025 | D | |
| Common StockF2,F5 | Oct 26, 2016 | S | 1,100 | $80.06 | D | 269,925 | D | |
| Common StockF2,F6 | Oct 26, 2016 | S | 1,600 | $80.74 | D | 268,325 | D | |
| Common Stock | Oct 26, 2016 | S | 100 | $81.85 | 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)F7 | $36.30 | Oct 26, 2016 | M | 6,500 | D | — | Jan 23, 2017 | Common Stock | 6,500 | 73,000 | 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 $77.80 (range $77.31 to $78.25).
- F4Open market sales reported on this line occurred at a weighted average price of $78.92 (range $78.33 to $79.23).
- F5Open market sales reported on this line occurred at a weighted average price of $80.06 (range $79.43 to $80.41).
- F6Open market sales reported on this line occurred at a weighted average price of $80.74 (range $80.45 to $81.19).
- F7Fully vested.