Cato T. Laurencin - 15 Feb 2024 Form 4 Insider Report for Alkermes plc. (ALKS)

Role
Director
Signature
/s/ Jeffrey Geary, attorney-in-fact for Cato T. Laurencin
Issuer symbol
ALKS
Transactions as of
15 Feb 2024
Net transactions value
-$25,098
Form type
4
Filing time
16 Feb 2024, 16:01:27 UTC
Previous filing
12 Dec 2023
Next filing
04 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALKS Ordinary Shares Options Exercise $60,579 +2,690 +18% $22.52 17,859 15 Feb 2024 Direct F1
transaction ALKS Ordinary Shares Sale $85,676 -2,690 -15% $31.85 15,169 15 Feb 2024 Direct F1

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 Non Qualified Stock Option (Right to Buy) Options Exercise $0 -2,690 -12% $0.000000 18,833 15 Feb 2024 Ordinary Shares 2,690 $22.52 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2/26/2023.
F2 Shares subject to the stock option award vest in three equal annual installments commencing on 12/8/2022.

Remarks:

EXHIBIT LIST: Exhibit 24.1 - Power of Attorney