Robin Kramer - 12 Feb 2022 Form 4 Insider Report for BIOGEN INC. (BIIB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Feb 2022, 15:13:42 UTC
Prior SEC filing
14 Feb 2022
Next SEC filing
23 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Wendell Taylor, attorney-in-fact for Robin Kramer

Key filing fact

Robin Kramer filed Form 4 for BIOGEN INC. (BIIB) on 15 Feb 2022.

Key facts

  • This page summarizes Robin Kramer's Form 4 filing for BIOGEN INC. (BIIB).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 15 Feb 2022, 15:13.

Change

  • Previous filing in this sequence was filed on 14 Feb 2022.
  • Current net transaction value: -$36,695.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BIIB transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+99
Change %
+7.3%
Price
$0.000000
Shares after
1,453
Date
12 Feb 2022
Ownership
Direct
BIIB transaction

Common Stock

Tax liability

Transaction value
$7,511
Shares
-35
Change %
-2.4%
Price
$214.59
Shares after
1,418
Date
12 Feb 2022
Ownership
Direct
BIIB transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+176
Change %
+12%
Price
$0.000000
Shares after
1,594
Date
12 Feb 2022
Ownership
Direct
BIIB transaction

Common Stock

Tax liability

Transaction value
$10,944
Shares
-51
Change %
-3.2%
Price
$214.59
Shares after
1,543
Date
12 Feb 2022
Ownership
Direct
BIIB transaction

Common Stock

Tax liability

Transaction value
$18,240
Shares
-85
Change %
-5.5%
Price
$214.59
Shares after
1,458
Date
12 Feb 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BIIB transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-99
Change %
-34%
Price
$0.000000
Shares after
189
Date
12 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
99
Exercise price
$0.000000
Footnotes
F2
BIIB transaction Derivative

Restricted Stock Unit

Other

Transaction value
$0
Shares
-189
Change %
-100%
Price
$0.000000*
Shares after
0
Date
12 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
189
Exercise price
$0.000000
Footnotes
F2, F3
BIIB transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-176
Change %
-17%
Price
$0.000000
Shares after
832
Date
12 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
176
Exercise price
$0.000000
Footnotes
F2
BIIB transaction Derivative

Restricted Stock Unit

Other

Transaction value
$0
Shares
-326
Change %
-39%
Price
$0.000000
Shares after
506
Date
12 Feb 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
326
Exercise price
$0.000000
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares withheld to satisfy the withholding tax liability due upon vesting of shares, as previously disclosed by reporting person on January 21, 2022.

Footnote F2

The number of RSUs reported represents the maximum possible number of shares that are eligible for vesting, which is 200% of the number of shares at target payout. One-third of these RSUs are eligible to vest on each of the first three anniversaries of the grant date. The actual number of shares that will vest on each vesting date will be determined by comparing the price of Biogen common stock on such vesting date to the price on the grant date (i.e., number of vested shares = number of shares at target payout times [the 30-day average closing stock price ending on the vesting date divided by the 30-day average closing stock price following and including the grant date]).

Footnote F3

This represents the difference between the maximum possible number of shares that were eligible for vesting and the actual number that vested.

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