Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRTX | Common Stock | Disposed to Issuer | -921 | -83.8% | 178 | May 1, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRTX | Deferred Stock Units | Award | +921 | +19.65% | 5.61K | May 1, 2022 | Common Stock | 921 | Direct | F1, F2 | |||
transaction | VRTX | Stock Option (Right to Buy) | Award | $0 | +4.46K | $0.00 | 4.46K | May 1, 2022 | Common Stock | 4.46K | $276.17 | Direct |
Id | Content |
---|---|
F1 | Upon the vesting of restricted stock units granted to Ms. McGlynn on May 1, 2021, Ms. McGlynn deferred the receipt of 921 shares of common stock and received instead 921 deferred stock units pursuant to the Issuer's deferred compensation plan. As a result, Ms. McGlynn is reporting the disposition of 921 shares of common stock in exchange for an equal number of deferred stock units. |
F2 | Each deferred stock unit represents one share of common stock and is paid out in common stock upon the earliest to occur of (i) termination of Ms. McGlynn's service on the Issuer's board of directors, (ii) a change of control of the Issuer and (iii) Ms. McGlynn's disability or death. |