Filing Details

Accession Number:
0001209191-21-008132
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-05 16:52:16
Reporting Period:
2021-02-03
Accepted Time:
2021-02-05 16:52:16
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, Chief Adm, Leg & Bd Off 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 2021-02-03 8,438 $0.00 35,276 No 4 A Direct
Common Stock Acquisiton 2021-02-03 10,324 $0.00 45,600 No 4 A Direct
Common Stock Acquisiton 2021-02-03 11,627 $0.00 57,227 No 4 A Direct
Common Stock Acquisiton 2021-02-03 400 $86.52 57,627 No 4 M Direct
Common Stock Disposition 2021-02-03 200 $215.52 57,427 No 4 S Direct
Common Stock Disposition 2021-02-03 100 $217.00 57,327 No 4 S Direct
Common Stock Disposition 2021-02-03 100 $218.20 57,227 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 A Direct
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 Stock Option (Right to buy) Disposition 2021-02-03 400 $0.00 400 $86.52
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,930 2027-02-02 No 4 M Direct
Footnotes
  1. 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.
  2. 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.
  3. Restricted stock unit award that vests in installments beginning on 02/17/2022.
  4. Transaction made pursuant to Mr. Parini's company-approved trading plan under Rule 10b5-1.
  5. Open market sales reported on this line occurred at a weighted average price of $215.52 (range $215.47 to $215.58).
  6. 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.
  7. Fully vested.