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BIOGEN INC. — Director's Dealing 2020
Mar 12, 2020
30291_dirs_2020-03-12_583bd798-a380-4c4c-b710-bd2bc49ea2fd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BIOGEN INC. (BIIB)
CIK: 0000875045
Period of Report: 2020-03-11
Reporting Person: SHERWIN STEPHEN A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-11 | Common Stock | M | 10923 | $58.46 | Acquired | 16517 | Direct |
| 2020-03-11 | Common Stock | S | 2164 | $295.215 | Disposed | 14353 | Direct |
| 2020-03-11 | Common Stock | M | 1355 | $58.46 | Acquired | 15708 | Direct |
| 2020-03-11 | Common Stock | S | 270 | $295.29 | Disposed | 15438 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-11 | Stock Option (Right to Buy) | $59.82 | M | 10923 | Disposed | 2020-03-22 | Common Stock (10923) | Direct |
| 2020-03-11 | Stock Option (Right to Buy) | $59.82 | M | 1355 | Disposed | 2020-03-22 | Common Stock (1355) | Direct |
Footnotes
F1: Exercise/sale pursuant to a trading plan intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2: This option was previously reported as covering 10,675 shares at an exercise price of $59.82 per share, but was adjusted pursuant to the anti-dilution provisions of the award in connection with the spin-off of Bioverativ Inc. on February 1, 2017.
F3: This option was previously reported as covering 1,325 shares at an exercise price of $59.82 per share, but was adjusted pursuant to the anti-dilution provisions of the award in connection with the spin-off of Bioverativ Inc. on February 1, 2017.
F4: Granted under one of the Issuer's stock option plans, in an exempt transaction under SEC Rule 16(b)-3(d).
F5: The stock options become exercisable in three (3) equal annual installments commencing one year after the grant date of 03/22/2010.