SEC Form 4 · accession 0001209191-18-042903
VERTEX PHARMACEUTICALS INC / MA · VRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Amit Sachdev
Officer — EVP, CRO
Period of report
Jul 13, 2018
Accepted (ET)
Jul 17, 2018 · 6:30 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 | 12,031 | $96.87 | A | 58,693 | D | |
| Common Stock | Jul 13, 2018 | S | 12,031 | $180.00 | D | 46,662 | D | |
| Common Stock | Jul 16, 2018 | M | 1,719 | $96.87 | A | 48,381 | D | |
| Common StockF2,F3 | Jul 16, 2018 | S | 1,500 | $180.14 | D | 46,881 | D | |
| Common StockF3,F4 | Jul 16, 2018 | S | 219 | $181.88 | D | 46,662 | D | |
| Common Stock | holding | — | — | — | 882 | I | 401(k) | |
| Common Stock | holding | — | — | — | 12,215 | I | 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)F5 | $96.87 | Jul 13, 2018 | M | 12,031 | D | — | Jul 14, 2024 | Common Stock | 12,031 | 1,719 | D |
| Stock Option (Right to Buy)F5 | $96.87 | Jul 16, 2018 | M | 1,719 | D | — | Jul 14, 2024 | Common Stock | 1,719 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to Mr. Sachdev's company-approved trading plan under Rule 10b5-1.
- F2Open market sales reported on this line occurred at a weighted average price of $180.14 (range $180.00 - $180.66).
- F3Mr. Sachdev 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 $181.88 (range $181.65 - $181.93).
- F5Fully vested.