Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRTX | Common Stock | Disposed to Issuer | -1.84K | -56.21% | 1.44K | May 1, 2022 | Direct | F1 | ||
transaction | VRTX | Common Stock | Award | $0 | +1.45K | +100.98% | $0.00 | 2.88K | May 1, 2022 | Direct | F3 |
holding | VRTX | Common Stock | 207 | May 1, 2022 | Held in Trust |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VRTX | Deferred Stock Units | Award | +1.84K | +207.27% | 2.73K | May 1, 2022 | Common Stock | 1.84K | Direct | F1, F2 |
Id | Content |
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F1 | Upon the vesting of restricted stock units granted to Ms. McKenzie on May 1, 2021, Ms. McKenzie deferred the receipt of 1,842 shares of common stock and received instead 1,842 deferred stock units pursuant to the Issuer's deferred compensation plan. As a result, Ms. McKenzie is reporting the disposition of 1,842 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. McKenzie's service on the Issuer's board of directors, (ii) a change of control of the Issuer and (iii) Ms. McKenzie's disability or death. |
F3 | Restricted stock unit award that vests, subject to certain limited exceptions, on the first anniversary of the grant date. |