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VERTEX PHARMACEUTICALS INC / MA — Director's Dealing 2021
Feb 5, 2021
29864_dirs_2021-02-05_44c08bf6-837f-48e9-9435-5a1e288abf3f.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: 2021-02-03
Reporting Person: Arbuckle Stuart A (EVP, Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-03 | Common Stock | A | 8438 | $0.00 | Acquired | 43617 | Direct |
| 2021-02-03 | Common Stock | A | 12388 | $0.00 | Acquired | 56005 | Direct |
| 2021-02-03 | Common Stock | A | 13952 | $0.00 | Acquired | 69957 | Direct |
| 2021-02-03 | Common Stock | M | 1554 | $86.52 | Acquired | 71511 | Direct |
| 2021-02-03 | Common Stock | S | 148 | $211.22 | Disposed | 71363 | Direct |
| 2021-02-03 | Common Stock | S | 488 | $212.77 | Disposed | 70875 | Direct |
| 2021-02-03 | Common Stock | S | 497 | $213.90 | Disposed | 70378 | Direct |
| 2021-02-03 | Common Stock | S | 242 | $214.98 | Disposed | 70136 | Direct |
| 2021-02-03 | Common Stock | S | 90 | $215.80 | Disposed | 70046 | Direct |
| 2021-02-03 | Common Stock | S | 89 | $216.83 | Disposed | 69957 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-03 | Stock Option (Right to Buy) | $86.52 | M | 1554 | Disposed | 2027-02-02 | Common Stock (1554) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 140 | Indirect |
Footnotes
F1: Represents earned performance shares with respect to a performance stock unit award granted on 02/06/2018 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 02/03/2021 and the shares will vest on 02/17/2021.
F2: Represents earned performance shares with respect to a performance stock unit award granted on 02/05/2020 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 02/03/2021 and the shares will vest in installments beginning on 02/10/2021.
F3: Restricted stock unit award that vests in installments beginning on 02/17/2022.
F4: Transaction made pursuant to Mr. Arbuckle's company approved trading plan under Rule 10b5-1.
F5: Open market sales reported on this line occurred at a weighted average price of $211.22 (range $211.06 to $211.27).
F6: Mr. Arbuckle 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.
F7: Open market sales reported on this line occurred at a weighted average price of $212.77 (range $212.29 to $213.20).
F8: Open market sales reported on this line occurred at a weighted average price of $213.90 (range $213.49 to $214.17).
F9: Open market sales reported on this line occurred at a weighted average price of $214.98 (range $214.72 to $215.36).
F10: Fully vested.