John G. Houston - Jun 9, 2021 Form 4 Insider Report for ARVINAS, INC. (ARVN)

Signature
/s/ Matthew Batters, as attorney-in-fact for John G. Houston
Stock symbol
ARVN
Transactions as of
Jun 9, 2021
Transactions value $
-$2,918,990
Form type
4
Date filed
6/11/2021, 08:07 PM
Next filing
Jun 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARVN Common Stock Options Exercise $11.2K +700 +0.08% $16.00 828K Jun 9, 2021 Direct F1
transaction ARVN Common Stock Sale -$56.1K -700 -0.08% $80.15 828K Jun 9, 2021 Direct F2, F3
transaction ARVN Common Stock Options Exercise $702K +43.9K +5.3% $16.00 872K Jun 10, 2021 Direct F1
transaction ARVN Common Stock Sale -$1.42M -17.6K -2.02% $80.52 854K Jun 10, 2021 Direct F2, F4
transaction ARVN Common Stock Sale -$963K -11.8K -1.38% $81.75 842K Jun 10, 2021 Direct F2, F5
transaction ARVN Common Stock Sale -$1.19M -14.5K -1.72% $82.46 828K Jun 10, 2021 Direct F2, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARVN Stock Option (right to buy) Options Exercise $0 -700 -0.8% $0.00 86.6K Jun 9, 2021 Common Stock 700 $16.00 Direct F1, F7
transaction ARVN Stock Option (right to buy) Options Exercise $0 -43.9K -50.66% $0.00 42.7K Jun 10, 2021 Common Stock 43.9K $16.00 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option exercise reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 30, 2020.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 30, 2020.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.0950 to $80.2150, inclusive. The reporting person undertakes to provide to Arvinas, Inc., any security holder of Arvinas, Inc., or the staff at the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price range within the range set forth in this footnote (3).
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.0000 to $80.9400, inclusive. The reporting person undertakes to provide to Arvinas, Inc., any security holder of Arvinas, Inc., or the staff at the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4).
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.0800 to $82.0750, inclusive. The reporting person undertakes to provide to Arvinas, Inc., any security holder of Arvinas, Inc., or the staff at the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price range within the range set forth in this footnote (5).
F6 The price reported in this Column 4 is a weighed average price. These shares were sold in multiple transactions at prices ranging from $82.0800 to $82.7600, inclusive. The reporting person undertakes to provide to Arvinas, Inc., any security holder of Arvinas, Inc., or the staff at the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (6).
F7 This option award was granted on September 26, 2018. 1/4 of the shares underlying the award vested on March 31, 2019, with the remainder of the shares vesting in equal monthly installments following March 31, 2019 through March 31, 2022.