Filing Details

Accession Number:
0001209191-23-042566
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-07-18 16:17:01
Reporting Period:
2023-07-14
Accepted Time:
2023-07-18 16:17:01
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
1197036 I Bruce Sachs C/O Vertex Pharmaceuticals Incorporated
50 Northern Ave
Boston MA 02210
Yes No 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 2023-07-17 11,250 $127.54 51,250 No 4 M Direct
Common Stock Disposition 2023-07-17 1,697 $355.54 49,553 No 4 S Direct
Common Stock Disposition 2023-07-17 5,711 $356.75 43,842 No 4 S Direct
Common Stock Disposition 2023-07-17 3,842 $357.29 40,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 Deferred Stock Units Acquisiton 2023-07-14 125 $350.79 125 $0.00
Common Stock Stock Option (Right to Buy) Disposition 2023-07-17 11,250 $0.00 11,250 $127.54
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,525 No 4 A Direct
11,250 2025-05-31 No 4 M Direct
Footnotes
  1. Transaction made pursuant to Mr. Sachs' company approved trading plan under Rule 10b5-1, which was entered into on 11/04/2022.
  2. Mr. Sachs 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.
  3. Open market sales reported on this line occurred at a weighted average price of $355.54 (range $355.00 to $355.97).
  4. Open market sales reported on this line occurred at a weighted average price of $356.75 (range $356.00 to $356.99).
  5. Open market sales reported on this line occurred at a weighted average price of $357.29 (range $357.00 to $357.38).
  6. Each deferred stock unit represents one share of common stock and is paid out in common stock upon the earliest to occur of (i) termination of Mr. Sachs' service on our board of directors, (ii) a change of control of our company and (iii) Mr. Sachs' disability or death.
  7. Fully vested.