SEC Form 4 · accession 0001209191-18-001000
VERTEX PHARMACEUTICALS INC / MA · VRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Chodakewitz
Officer — EVP GMDA, CMO
Period of report
Jan 2, 2018
Accepted (ET)
Jan 3, 2018 · 4:56 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 2, 2018 | M | 3,438 | $73.51 | A | 57,862 | D | |
| Common StockF2,F3 | Jan 2, 2018 | S | 300 | $149.65 | D | 57,562 | D | |
| Common StockF3,F4 | Jan 2, 2018 | S | 675 | $150.87 | D | 56,887 | D | |
| Common StockF3,F5 | Jan 2, 2018 | S | 1,600 | $152.06 | D | 55,287 | D | |
| Common StockF3,F6 | Jan 2, 2018 | S | 863 | $152.80 | D | 54,424 | D |
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 | $73.51 | Jan 2, 2018 | M | 3,438 | D | — | Jan 1, 2024 | Common Stock | 3,438 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to Dr. Chodakewitz's company-approved trading plan under Rule 10b5-1.
- F2Open market sales reported on this line occurred at a weighted average price of $149.65 (range $149.41 to $149.92).
- F3Dr. Chodakewitz 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.
- F4Open market sales reported on this line occurred at a weighted average price of $150.87 (range $150.53 to $151.50).
- F5Open market sales reported on this line occurred at a weighted average price of $152.06 (range $151.70 to $152.69).
- F6Open market sales reported on this line occurred at a weighted average price of $152.80 (range $152.70 to $153.03).
- F7Fully vested.