SEC Form 4 · accession 0001209191-18-042901
VERTEX PHARMACEUTICALS INC / MA · VRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart A Arbuckle
Officer — EVP\Chief Commercial Officer
Period of report
Jul 13, 2018
Accepted (ET)
Jul 17, 2018 · 6:23 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 | Jul 13, 2018 | M | 6,375 | $131.89 | A | 53,127 | D | |
| Common Stock | Jul 13, 2018 | S | 6,375 | $179.00 | D | 46,752 | D | |
| Common Stock | Jul 16, 2018 | M | 2,125 | $96.87 | A | 48,877 | D | |
| Common Stock | Jul 16, 2018 | S | 2,125 | $179.85 | D | 46,752 | D | |
| Common Stock | holding | — | — | — | 140 | I | 401(k) |
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)F2 | $131.89 | Jul 13, 2018 | M | 6,375 | D | — | Jul 20, 2025 | Common Stock | 6,375 | 10,625 | D |
| Stock Option (Right to Buy)F3 | $96.87 | Jul 16, 2018 | M | 2,125 | D | — | Jul 14, 2024 | Common Stock | 2,125 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to Mr. Arbuckle's company-approved trading plan under Rule 10b5-1.
- F2The option vests in 16 quarterly installments from 7/21/2015.
- F3Fully vested.