Richard F. Pops - Feb 20, 2023 Form 4 Insider Report for Alkermes plc. (ALKS)

Role
Director and CEO, Alkermes plc, Director
Signature
/s/ Shantale Greenson, attorney-in-fact for Richard F. Pops
Stock symbol
ALKS
Transactions as of
Feb 20, 2023
Transactions value $
-$1,891,279
Form type
4
Date filed
2/22/2023, 04:00 PM
Previous filing
Jan 5, 2023
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALKS Ordinary Shares Award +120K +12.36% 1.09M Feb 20, 2023 Direct F1
transaction ALKS Ordinary Shares Tax liability -$1.49M -53.1K -4.88% $28.07 1.03M Feb 20, 2023 Direct
transaction ALKS Ordinary Shares Options Exercise +32.4K +3.13% 1.07M Feb 21, 2023 Direct F2
transaction ALKS Ordinary Shares Tax liability -$399K -14.4K -1.35% $27.77 1.05M 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 -32.4K -100% 0 Feb 21, 2023 Ordinary Shares 32.4K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one ordinary share.
F3 This award is fully vested in accordance with its terms.