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Filing Details

Accession Number:: 0001209191-20-007505
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-02-07 16:17:41
Reporting Period:: 2020-02-05

Accepted Time:: 2020-02-07 16:17:41
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
875320	Vertex Pharmaceuticals Inc / Ma	VRTX	Pharmaceutical Preparations (2834)	043039129

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1661567	Michael Parini	C/O Vertex Pharmaceuticals Incorporated 50 Northern Avenue Boston MA 02210	Evp, Cl&Ao	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2020-02-05	18,204	$0.00	49,757	No	4	A	Direct
Common Stock	Acquisiton	2020-02-05	8,166	$0.00	57,923	No	4	A	Direct
Common Stock	Acquisiton	2020-02-05	10,323	$0.00	68,246	No	4	A	Direct
Common Stock	Acquisiton	2020-02-06	1,303	$187.53	69,549	No	4	M	Direct
Common Stock	Acquisiton	2020-02-06	1,223	$155.57	70,772	No	4	M	Direct
Common Stock	Disposition	2020-02-06	1,487	$238.77	69,285	No	4	S	Direct
Common Stock	Disposition	2020-02-06	585	$239.58	68,700	No	4	S	Direct
Common Stock	Disposition	2020-02-06	300	$240.79	68,400	No	4	S	Direct
Common Stock	Disposition	2020-02-06	154	$242.47	68,246	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	A	Direct
No	4	A	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Disposition	2020-02-06	1,303	$0.00	1,303	$187.53
Common Stock	Stock Option (Right to Buy)	Disposition	2020-02-06	1,223	$0.00	1,223	$155.57

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,642		2029-02-05	No	4	M	Direct
9,783		2028-02-05	No	4	M	Direct

Footnotes

Represents earned performance shares with respect to a performance stock unit award granted on 02/03/2017 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 02/05/2020 and the shares will vest on 02/10/2020.
Represents earned performance shares with respect to a performance stock unit award granted on 02/06/2019 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 02/05/2020. The earned performance shares will vest in installments beginning on 02/24/2020.
Restricted stock unit award that vests in installments beginning on 02/10/2021.
Transaction made pursuant to Mr. Parini's company-approved trading plan under Rule 10b5-1.
Open market sales reported on this line occurred at a weighted average price of $238.77 (range $238.15 to $239.11).
Mr. Parini 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.
Open market sales reported on this line occurred at a weighted average price of $239.58 (range $239.17 to $240.11).
Open market sales reported on this line occurred at a weighted average price of $240.79 (range $240.51 to $241.05).
The option vests in 16 quarterly installments from 02/06/2019.
The option vests in 16 quarterly installments from 02/06/2018.