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Sachs Bruce I's Form 4 filing

Vertex Pharmaceuticals Inc (VRTX) · filed Nov 8, 2023

Accession no.
0000875320-23-000033
Filed
Nov 8, 2023
Trade date
Nov 6, 2023
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $4.33M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Sachs Bruce ICIK 0001197036Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Nov 6, 2023Common StockMOption exerciseAcquired+11,250$127.54+$1,434,82551,250Direct
Nov 6, 2023Common StockSSaleDisposed−11,250$385.00F2,F3−$4,331,25040,000Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Nov 6, 2023Common StockMOption exerciseDisposed−11,250$0.00$011,250Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

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.

Referenced by the price of 1 transaction in Table I.

F3

Open market sales reported on this line occurred at a weighted average price of $385.00 (range $385.00 to $385.02).

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)