SEC Form 4 · accession 0001209191-17-003660
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
Jan 11, 2017
Accepted (ET)
Jan 13, 2017 · 4:12 pm EST
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 | Jan 11, 2017 | M | 8,000 | $36.30 | A | 276,225 | D | |
| Common StockF2,F3 | Jan 11, 2017 | S | 2,400 | $81.25 | D | 273,825 | D | |
| Common StockF2,F4 | Jan 11, 2017 | S | 2,900 | $82.17 | D | 270,925 | D | |
| Common StockF2,F5 | Jan 11, 2017 | S | 1,100 | $82.92 | D | 269,825 | D | |
| Common StockF2,F6 | Jan 11, 2017 | S | 1,100 | $84.41 | D | 268,725 | D | |
| Common StockF2,F7 | Jan 11, 2017 | S | 500 | $84.98 | 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 | Jan 11, 2017 | M | 8,000 | D | — | Jan 23, 2017 | Common Stock | 8,000 | 0 | 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 $81.25 (range $80.61 to $81.60).
- F4Open market sales reported on this line occurred at a weighted average price of $82.17 (range $81.62 to $82.55).
- F5Open market sales reported on this line occurred at a weighted average price of $82.92 (range $82.64 to $83.24).
- F6Open market sales reported on this line occurred at a weighted average price of $84.41 (range $83.72 to $84.70).
- F7Open market sales reported on this line occurred at a weighted average price of $84.98 (range $84.87 to $85.11).
- F8Fully vested.