Samuel Joseph Parisi - 18 Feb 2025 Form 4 Insider Report for Alkermes plc. (ALKS)

Signature
/s/ Stephanie Roche, attorney-in-fact for Samuel Joseph Parisi
Issuer symbol
ALKS
Transactions as of
18 Feb 2025
Net transactions value
-$72,706
Form type
4
Filing time
20 Feb 2025, 17:18:37 UTC
Previous filing
27 Feb 2024
Next filing
25 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALKS Ordinary Shares Options Exercise +2,033 +26% 9,750 18 Feb 2025 Direct F1
transaction ALKS Ordinary Shares Tax liability $25,345 -706 -7.2% $35.90 9,044 18 Feb 2025 Direct
transaction ALKS Ordinary Shares Sale $47,361 -1,327 -15% $35.69 7,717 20 Feb 2025 Direct F2

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 -2,033 -50% 2,034 18 Feb 2025 Ordinary Shares 2,033 Direct F1, F3
transaction ALKS Employee Stock Option (Right to Buy) Award $0 +12,287 $0.000000 12,287 19 Feb 2025 Ordinary Shares 12,287 $35.84 Direct F4
transaction ALKS Restricted Stock Unit Award Award $0 +11,965 $0.000000 11,965 19 Feb 2025 Ordinary Shares 11,965 Direct F1, 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 sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 9/11/2024.
F3 Shares subject to the restricted stock unit award vest in four equal annual installments, commencing on 2/18/2023.
F4 Shares underlying the stock option vest and become exercisable in four equal annual installments commencing on 2/19/2026.
F5 Shares subject to the restricted stock unit award vest in four equal annual installments, commencing on 2/19/2026.