SEC Form 4 · accession 0001209191-18-045576
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
Aug 2, 2018
Accepted (ET)
Aug 6, 2018 · 5:21 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 | Aug 2, 2018 | M | 2,125 | $131.89 | A | 48,877 | D | |
| Common Stock | Aug 2, 2018 | S | 2,125 | $179.00 | D | 46,752 | D | |
| Common Stock | Aug 2, 2018 | M | 2,155 | $91.05 | A | 48,907 | D | |
| Common Stock | Aug 2, 2018 | S | 2,155 | $174.59 | D | 46,752 | D | |
| Common Stock | Aug 3, 2018 | M | 4,250 | $109.14 | A | 51,002 | D | |
| Common Stock | Aug 3, 2018 | M | 1,553 | $86.52 | A | 52,555 | D | |
| Common Stock | Aug 3, 2018 | S | 5,803 | $174.20 | 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 | Aug 2, 2018 | M | 2,125 | D | — | Jul 20, 2025 | Common Stock | 2,125 | 8,500 | D |
| Stock Option (Right to Buy)F3 | $91.05 | Aug 2, 2018 | M | 2,155 | D | — | Feb 1, 2026 | Common Stock | 2,155 | 12,931 | D |
| Stock Option (Right to Buy)F4 | $109.14 | Aug 3, 2018 | M | 4,250 | D | — | Feb 2, 2025 | Common Stock | 4,250 | 8,500 | D |
| Stock Option (Right to Buy)F5 | $86.52 | Aug 3, 2018 | M | 1,553 | D | — | Feb 2, 2027 | Common Stock | 1,553 | 15,533 | 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.
- F3The option vests in 16 quarterly installments from 2/2/2016.
- F4The option vests in 16 quarterly installments from 2/3/2015.
- F5The option vests in 16 quarterly installments from 2/3/2017.