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VERTEX PHARMACEUTICALS INC / MA — Director's Dealing 2016
Feb 4, 2016
29864_dirs_2016-02-04_60b92127-d6f5-4038-8334-55e86a164e3f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VERTEX PHARMACEUTICALS INC / MA (VRTX)
CIK: 0000875320
Period of Report: 2016-02-02
Reporting Person: Sachdev Amit (EVP, Policy, Access & Value)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-02 | Common Stock | A | 17299 | $0.01 | Acquired | 96262 | Direct |
| 2016-02-03 | Common Stock | S | 4300 | $89.91 | Disposed | 91962 | Direct |
| 2016-02-03 | Common Stock | S | 3700 | $91.01 | Disposed | 88262 | Direct |
| 2016-02-03 | Common Stock | S | 900 | $91.82 | Disposed | 87362 | Direct |
| 2016-02-03 | Common Stock | S | 1266 | $92.79 | Disposed | 86096 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-02 | Stock Option (Right to Buy) | $91.05 | A | 34482 | Acquired | 2026-02-01 | Common Stock (34482) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 882 | Indirect |
Footnotes
F1: Restricted stock unit award that vests in three equal installments on 2/10/2017, 2/10/2018 and 2/10/2019.
F2: Transaction made pursuant to Mr. Sachdev's company approved trading plan under Rule 10b5-1.
F3: Open market sales reported on this line occurred at a weighted average price of $89.91 (range $89.31 to $90.27).
F4: Mr. 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.
F5: Open market sales reported on this line occurred at a weighted average price of $91.01 (range $90.37 to $91.35).
F6: Open market sales reported on this line occurred at a weighted average price of $91.82 (range $91.37 to $92.26).
F7: Open market sales reported on this line occurred at a weighted average price of $92.79 (range $92.42 to $93.11).
F8: The option vests in 16 quarterly installments from 02/02/2016.