Sean A. Cassidy - Jul 28, 2021 Form 4 Insider Report for ARVINAS, INC. (ARVN)

Role: Chief Financial Officer
Signature: /s/ Matthew Batters, as attorney-in-fact for Sean Cassidy
Stock symbol: ARVN
Transactions as of: Jul 28, 2021
Transactions value $: -$1,448,328
Form type: 4
Date filed: 7/30/2021, 08:05 PM
Next filing: Dec 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARVN	Common Stock	Options Exercise	$276K	+17.2K	+10.9%	$16.00	175K	Jul 28, 2021	Direct	F1
transaction	ARVN	Common Stock	Sale	-$1.72M	-17.2K	-9.83%	$100.00	158K	Jul 28, 2021	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	ARVN	Stock Option (right to buy)	Options Exercise	$0	-17.2K	-36.98%	$0.00	29.4K	Jul 28, 2021	Common Stock	17.2K	$16.00	Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 29, 2020.
F2	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 29, 2020.
F3	This option award was granted on September 26, 2018. 1/4 of the shares underlying the award vested on March 31, 2019, with the remainder of the shares vesting in equal monthly installments following March 31, 2019 through March 31, 2022.