SEC Form 4 · accession 0001209191-17-028749
VERTEX PHARMACEUTICALS INC / MA · VRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey M Leiden
Officer — CEO & President · Director
Period of report
Apr 28, 2017
Accepted (ET)
Apr 28, 2017 · 4:44 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 | Apr 28, 2017 | M | 88,507 | $29.98 | A | 395,152 | D | |
| Common Stock | Apr 28, 2017 | M | 1,527 | $34.39 | A | 396,679 | D | |
| Common Stock | Apr 28, 2017 | M | 20,000 | $34.24 | A | 416,679 | D | |
| Common Stock | Apr 28, 2017 | M | 30,000 | $34.05 | A | 446,679 | D | |
| Common StockF2,F3 | Apr 28, 2017 | S | 157,200 | $119.50 | D | 289,479 | D | |
| Common Stock | holding | — | — | — | 440 | I | 401k |
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)F4 | $29.98 | Apr 28, 2017 | M | 88,507 | D | — | Dec 13, 2021 | Common Stock | 88,507 | 124,601 | D |
| Stock Option (Right to Buy)F4 | $34.39 | Apr 28, 2017 | M | 1,527 | D | — | Dec 14, 2020 | Common Stock | 1,527 | 0 | D |
| Stock Option (Right to Buy)F4 | $34.24 | Apr 28, 2017 | M | 20,000 | D | — | May 31, 2020 | Common Stock | 20,000 | 0 | D |
| Stock Option (Right to Buy)F4 | $34.05 | Apr 28, 2017 | M | 30,000 | D | — | Jul 5, 2019 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to Dr. Leiden's company approved trading plan under Rule 10b5-1.
- F2Dr. Leiden 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 $119.50 (range $119.50 to $119.60).
- F4Fully vested.