Filing Details

Accession Number:
0001209191-16-095844
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-04 18:53:31
Reporting Period:
2016-02-02
Filing Date:
2016-02-04
Accepted Time:
2016-02-04 18:53:31
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
1446372 M Paul Silva C/O Vertex Pharmaceuticals Incorporated
50 Northern Avenue
Boston MA 02210
Svp & Corp Controller 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 2016-02-02 6,875 $0.01 21,812 No 4 A Direct
Common Stock Disposition 2016-02-03 2,300 $89.96 19,512 No 4 S Direct
Common Stock Disposition 2016-02-03 1,900 $91.07 17,612 No 4 S Direct
Common Stock Disposition 2016-02-03 662 $92.43 16,950 No 4 S Direct
Common Stock Disposition 2016-02-03 200 $93.06 16,750 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A 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) Acquisiton 2016-02-02 20,625 $0.00 20,625 $91.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,625 2026-02-01 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 169 Indirect 401(k)
Footnotes
  1. Restricted stock grant vesting on 2/2/2019, subject to acceleration if certain financial and/or business metrics are achieved.
  2. Transaction made pursuant to Mr. Silva's company approved trading plan under Rule 10b5-1.
  3. Open market sales reported on this line occurred at a weighted average price of $89.96 (range $89.54 to $90.44).
  4. Mr. Silva 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.
  5. Open market sales reported on this line occurred at a weighted average price of $91.07 (range $90.56 to $91.48).
  6. Open market sales reported on this line occurred at a weighted average price of $92.43 (range $91.79 to $92.72).
  7. Open market sales reported on this line occurred at a weighted average price of $93.06 (range $92.98 to $93.14).
  8. The option vests in 16 quarterly installments from 02/02/2016.