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Lee Yuchun's Form 4 filing

Vertex Pharmaceuticals Inc (VRTX) · filed Apr 6, 2022

Accession no.
0000899243-22-014117
Filed
Apr 6, 2022
Trade date
Apr 4-5, 2022
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 11 non-derivative transactions and 2 derivative transactions. Open-market sales total $1.08M. 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
Lee YuchunCIK 0001334365Director

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
Apr 4, 2022Common StockMOption exerciseAcquired+2,000$81.54+$163,0803,875Direct
Apr 4, 2022Common StockSSaleDisposed−100$265.83−$26,5833,775Direct
Apr 4, 2022Common StockSSaleDisposed−917$267.23F2,F3−$245,049.912,858Direct
Apr 4, 2022Common StockSSaleDisposed−983$268.36F2,F4−$263,797.881,875Direct
Apr 5, 2022Common StockMOption exerciseAcquired+2,000$81.54+$163,0803,875Direct
Apr 5, 2022Common StockSSaleDisposed−17$268.30−$4,561.13,858Direct
Apr 5, 2022Common StockSSaleDisposed−334$270.05F2,F5−$90,196.73,524Direct
Apr 5, 2022Common StockSSaleDisposed−488$271.94F2,F6−$132,706.723,036Direct
Apr 5, 2022Common StockSSaleDisposed−600$272.60F2,F7−$163,5602,436Direct
Apr 5, 2022Common StockSSaleDisposed−100$273.50−$27,3502,336Direct
Apr 5, 2022Common StockSSaleDisposed−461$274.66F2,F8−$126,618.261,875Direct

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
Apr 4, 2022Common StockMOption exerciseDisposed−2,000$81.54−$163,08018,000Direct
Apr 5, 2022Common StockMOption exerciseDisposed−2,000$81.54−$163,08016,000Direct

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. Lee 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 6 transactions in Table I.

F3

Open market sales reported on this line occurred at a weighted average price of $267.23 (range $266.85 to $267.79).

Referenced by the price of 1 transaction in Table I.

F4

Open market sales reported on this line occurred at a weighted average price of $268.36 (range $267.97 to $268.81).

Referenced by the price of 1 transaction in Table I.

F5

Open market sales reported on this line occurred at a weighted average price of $270.05 (range $269.79 to $270.64).

Referenced by the price of 1 transaction in Table I.

F6

Open market sales reported on this line occurred at a weighted average price of $271.94 (range $271.35 to $272.27).

Referenced by the price of 1 transaction in Table I.

F7

Open market sales reported on this line occurred at a weighted average price of $272.60 (range $272.36 to $273.34).

Referenced by the price of 1 transaction in Table I.

F8

Open market sales reported on this line occurred at a weighted average price of $274.66 (range $274.63 to $274.68).

Referenced by the price of 1 transaction in Table I.

Remarks

Exhibit List: Exhibit 24 - Power of Attorney

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