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VRTX Vertex Pharmaceuticals Inc

403.10
10.29 (2.62%)
After Hours
Last Updated: 00:36:25
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vertex Pharmaceuticals Inc NASDAQ:VRTX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.29 2.62% 403.10 403.60 406.35 406.95 392.47 393.00 1,259,699 00:36:25

Statement of Changes in Beneficial Ownership (4)

07/02/2018 11:27pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sachdev Amit
2. Issuer Name and Ticker or Trading Symbol

VERTEX PHARMACEUTICALS INC / MA [ VRTX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP, CRO
(Last)          (First)          (Middle)

C/O VERTEX PHARMACEUTICALS INCORPORATED, 50 NORTHERN AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

2/5/2018
(Street)

BOSTON, MA 02210
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   2/5/2018     M    1942   A $86.52   41105   D    
Common Stock   2/5/2018     M    2578   A $77.31   43683   D    
Common Stock   2/5/2018     S (1)    378   D $158.55   (2) (3) 43305   D    
Common Stock   2/5/2018     S (1)    700   D $159.93   (3) (4) 42605   D    
Common Stock   2/5/2018     S (1)    300   D $160.97   (3) (5) 42305   D    
Common Stock   2/5/2018     S (1)    300   D $161.93   (3) (6) 42005   D    
Common Stock   2/5/2018     S (1)    600   D $163.79   (3) (7) 41405   D    
Common Stock   2/5/2018     S (1)    2242   D $164.93   (3) (8) 39163   D    
Common Stock                  882   I   401(k)  
Common Stock                  12215   I   Held in Trust  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   $86.52   2/5/2018     M         1942      (9) 2/2/2027   Common Stock   1942   $0.00   23299   D    
Stock Option (Right to Buy)   $77.31   2/5/2018     M         2578      (10) 2/4/2024   Common Stock   2578   $0.00   0   D    

Explanation of Responses:
(1)  Transaction made pursuant to Mr. Sachdev's company-approved trading plan under Rule 10b5-1.
(2)  Open market sales reported on this line occurred at a weighted average price of $158.55 (range $158.24 to $159.09).
(3)  Mr. Sachdev 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.
(4)  Open market sales reported on this line occurred at a weighted average price of $159.93 (range $159.46 to $160.47).
(5)  Open market sales reported on this line occurred at a weighted average price of $160.97 (range $160.51 to $161.26).
(6)  Open market sales reported on this line occurred at a weighted average price of $161.93 (range $161.70 to $162.39).
(7)  Open market sales reported on this line occurred at a weighted average price of $163.79 (range $163.23 to $164.22).
(8)  Open market sales reported on this line occurred at a weighted average price of $164.93 (range $164.31 to $165.06).
(9)  The option vests in 16 quarterly installments from 2/3/2017.
(10)  Fully vested.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Sachdev Amit
C/O VERTEX PHARMACEUTICALS INCORPORATED
50 NORTHERN AVENUE
BOSTON, MA 02210


EVP, CRO

Signatures
/s/ Omar White, Attorney-in-Fact 2/7/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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