Ian Taylor - 15 Nov 2021 Form 4 Insider Report for ARVINAS, INC. (ARVN)

Signature
/s/ Matthew Batters, as attorney-in-fact for Ian Taylor
Issuer symbol
ARVN
Transactions as of
15 Nov 2021
Net transactions value
-$1,334,558
Form type
4
Filing time
17 Nov 2021, 19:30:18 UTC
Previous filing
18 Aug 2021
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARVN Common Stock Options Exercise $195,296 +12,206 +16% $16.00 90,851 15 Nov 2021 Direct
transaction ARVN Common Stock Options Exercise $150,892 +7,794 +8.6% $19.36 98,645 15 Nov 2021 Direct
transaction ARVN Common Stock Sale $569,509 -6,856 -7% $83.07 91,789 15 Nov 2021 Direct F1, F2
transaction ARVN Common Stock Sale $560,392 -6,660 -7.3% $84.14 85,129 15 Nov 2021 Direct F1, F3
transaction ARVN Common Stock Sale $550,845 -6,484 -7.6% $84.95 78,645 15 Nov 2021 Direct F1, F4

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 -12,206 -58% $0.000000 8,943 15 Nov 2021 Common Stock 12,206 $16.00 Direct F5
transaction ARVN Stock Option (right to buy) Options Exercise $0 -7,794 -12% $0.000000 57,633 15 Nov 2021 Common Stock 7,794 $19.36 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.66 to $83.63, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.66 to $84.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.66 to $85.56, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F5 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 through March 31, 2022.
F6 This option award was granted on March 1, 2019. 1/4 of the shares underlying the award vested on March 1, 2020, with the remainder of the shares vesting in equal monthly installments through March 1, 2023.