Cato T. Laurencin - 08 Dec 2024 Form 4 Insider Report for Alkermes plc. (ALKS)

Role
Director
Signature
/s/ Shantale Greenson, attorney-in-fact for Cato T. Laurencin
Issuer symbol
ALKS
Transactions as of
08 Dec 2024
Net transactions value
-$55,246
Form type
4
Filing time
09 Dec 2024, 20:51:58 UTC
Previous filing
01 Jul 2024
Next filing
23 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALKS Ordinary Shares Options Exercise +4,163 +21% 23,971 08 Dec 2024 Direct F1
transaction ALKS Ordinary Shares Tax liability $30,139 -958 -4% $31.46 23,013 08 Dec 2024 Direct
transaction ALKS Ordinary Shares Options Exercise $60,601 +2,691 +12% $22.52 25,704 09 Dec 2024 Direct F2
transaction ALKS Ordinary Shares Sale $85,708 -2,691 -10% $31.85 23,013 09 Dec 2024 Direct F3

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 -4,163 -100% 0 08 Dec 2024 Ordinary Shares 4,163 Direct F1, F4
transaction ALKS Non Qualified Stock Option (Right to Buy) Options Exercise $0 -2,691 -14% $0.000000 16,142 09 Dec 2024 Ordinary Shares 2,691 $22.52 Direct F2, F5
* 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 Each restricted stock unit represents a contingent right to receive one ordinary share.
F2 This option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2/26/2023.
F3 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2/26/2023.
F4 This award is fully vested in accordance with its terms.
F5 These options are fully vested in accordance with their terms.