Filing Details

Accession Number:
0001209191-20-007525
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-07 16:28:47
Reporting Period:
2020-02-05
Accepted Time:
2020-02-07 16:28:47
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
1789815 Ourania Tatsis C/O Vertex Pharmaceuticals Incorporated
50 Northern Avenue
Boston MA 02210
Svp, Cro No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-02-05 3,500 $0.00 10,752 No 4 A Direct
Common Stock Acquisiton 2020-02-05 6,194 $0.00 16,946 No 4 A Direct
Common Stock Acquisiton 2020-02-06 559 $187.53 17,505 No 4 M Direct
Common Stock Acquisiton 2020-02-06 408 $155.57 17,913 No 4 M Direct
Common Stock Disposition 2020-02-06 571 $238.77 17,342 No 4 S Direct
Common Stock Disposition 2020-02-06 240 $239.68 17,102 No 4 S Direct
Common Stock Disposition 2020-02-06 90 $240.70 17,012 No 4 S Direct
Common Stock Disposition 2020-02-06 66 $242.47 16,946 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2020-02-06 559 $0.00 559 $187.53
Common Stock Stock Option (Right to Buy) Disposition 2020-02-06 408 $0.00 408 $155.57
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,704 2029-02-05 No 4 M Direct
3,261 2028-02-05 No 4 M Direct
Footnotes
  1. 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 2/24/2020.
  2. Restricted stock unit award that vests in installments beginning on 02/10/2021.
  3. Transaction made pursuant to Ms. Tatsis' company-approved trading plan under Rule 10b5-1.
  4. Open market sales reported on this line occurred at a weighted average price of $238.77 (range $238.20 to $239.14).
  5. Ms. Tatsis 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.
  6. Open market sales reported on this line occurred at a weighted average price of $239.68 (range $239.25 to $240.13).
  7. Open market sales reported on this line occurred at a weighted average price of $240.70 (range $240.47 to $241.04).
  8. The option vests in 16 quarterly installments from 02/06/2019.
  9. The option vests in 16 quarterly installments from 02/06/2018.