Ginger Gregory - 10 Feb 2023 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
14 Feb 2023, 20:44:01 UTC
Prior SEC filing
10 Feb 2023
Next SEC filing
22 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Wendell Taylor, attorney in fact for Ginger Gregory

Key filing fact

Ginger Gregory filed Form 4 for BIOGEN INC. (BIIB) on 14 Feb 2023.

Key facts

  • This page summarizes Ginger Gregory's Form 4 filing for BIOGEN INC. (BIIB).
  • 8 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 14 Feb 2023, 20:44.

Change

  • Previous filing in this sequence was filed on 10 Feb 2023.
  • Current net transaction value: -$946,508.

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
+2,158
Change %
+21%
Price
$0.000000
Shares after
12,321
Date
10 Feb 2023
Ownership
Direct
BIIB transaction

Common Stock

Tax liability

Transaction value
$185,522
Shares
-648
Change %
-5.3%
Price
$286.30
Shares after
11,673
Date
10 Feb 2023
Ownership
Direct
BIIB transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,132
Change %
+9.7%
Price
$0.000000
Shares after
12,805
Date
10 Feb 2023
Ownership
Direct
BIIB transaction

Common Stock

Tax liability

Transaction value
$156,892
Shares
-548
Change %
-4.3%
Price
$286.30
Shares after
12,257
Date
10 Feb 2023
Ownership
Direct
BIIB transaction

Common Stock

Tax liability

Transaction value
$604,093
Shares
-2,110
Change %
-17%
Price
$286.30
Shares after
10,147
Date
10 Feb 2023
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
-2,158
Change %
-33%
Price
$0.000000
Shares after
4,317
Date
10 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,158
Exercise price
$0.000000
Footnotes
F2
BIIB transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-1,132
Change %
-45%
Price
$0.000000
Shares after
1,384
Date
10 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,132
Exercise price
$0.000000
Footnotes
F3
BIIB transaction Derivative

Restricted Stock Unit

Other

Transaction value
$0
Shares
-1,384
Change %
-100%
Price
$0.000000*
Shares after
0
Date
10 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,384
Exercise price
$0.000000
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 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 27, 2023.

Footnote F2

The restricted stock units vest in three equal yearly installments beginning on the first anniversary of the grant date of February 10, 2022.

Footnote F3

This award was granted to the reporting person on February 12, 2020. 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 F4

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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