Michael J. Landine - Feb 18, 2023 Form 4 Insider Report for Alkermes plc. (ALKS)

Role
SVP, Corp Dev., Alkermes, Inc.
Signature
/s/ Shantale Greenson, attorney-in-fact for Michael J. Landine
Stock symbol
ALKS
Transactions as of
Feb 18, 2023
Transactions value $
-$343,250
Form type
4
Date filed
2/22/2023, 03:58 PM
Previous filing
May 19, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALKS Ordinary Shares Options Exercise +4.36K +1.88% 237K Feb 18, 2023 Direct F1
transaction ALKS Ordinary Shares Tax liability -$58K -2.07K -0.87% $28.07 235K Feb 18, 2023 Direct
transaction ALKS Ordinary Shares Options Exercise +5.35K +2.28% 240K Feb 20, 2023 Direct F1
transaction ALKS Ordinary Shares Tax liability -$66.8K -2.38K -0.99% $28.07 238K Feb 20, 2023 Direct
transaction ALKS Ordinary Shares Award +11.8K +4.95% 249K Feb 20, 2023 Direct F2
transaction ALKS Ordinary Shares Tax liability -$147K -5.23K -2.1% $28.07 244K Feb 20, 2023 Direct
transaction ALKS Ordinary Shares Options Exercise +5.83K +2.39% 250K Feb 21, 2023 Direct F1
transaction ALKS Ordinary Shares Tax liability -$71.8K -2.59K -1.04% $27.77 247K Feb 21, 2023 Direct

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 ALKS Restricted Stock Unit Award Options Exercise -4.36K -25% 13.1K Feb 18, 2023 Ordinary Shares 4.36K Direct F1, F3
transaction ALKS Restricted Stock Unit Award Options Exercise -5.35K -50% 5.35K Feb 20, 2023 Ordinary Shares 5.35K Direct F1, F4
transaction ALKS Restricted Stock Unit Award Options Exercise -5.83K -100% 0 Feb 21, 2023 Ordinary Shares 5.83K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one ordinary share.
F2 These ordinary shares were acquired by the reporting person as a result of the vesting of performance-vesting restricted stock unit awards granted to the reporting person on February 20, 2020 with a three-year performance period that ended on December 31, 2022 (the "2020 PRSUs"). The vesting of this portion of the 2020 PRSUs was triggered by the determination of achievement of certain pre-specified performance goals and application of a total shareholder return modifier and represents the final vesting event under the 2020 PRSUs.
F3 Shares subject to the restricted stock unit award vest in four equal annual installments, commencing on 2/18/2023.
F4 Shares subject to the restricted stock unit award vest in four equal annual installments, commencing on 2/20/2021.
F5 This award is fully vested in accordance with its terms.