Jeffrey M. Leiden - 01 Feb 2022 Form 4 Insider Report for VERTEX PHARMACEUTICALS INC / MA (VRTX)

Signature
/s/ Sabrina Yohai, Attorney-in-Fact
Issuer symbol
VRTX
Transactions as of
01 Feb 2022
Net transactions value
-$1,529,753
Form type
4
Filing time
03 Feb 2022, 15:19:24 UTC
Next filing
22 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRTX Common Stock Award $0 +28,444 +57% $0.000000 78,232 01 Feb 2022 Direct F1
transaction VRTX Common Stock Award $0 +20,928 +27% $0.000000 99,160 01 Feb 2022 Direct F2
transaction VRTX Common Stock Award $0 +17,445 +18% $0.000000 116,605 01 Feb 2022 Direct F3
transaction VRTX Common Stock Tax liability $1,529,753 -6,279 -5.4% $243.63 110,326 02 Feb 2022 Direct
holding VRTX Common Stock 440 01 Feb 2022 401(k)
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents earned performance shares with respect to a performance stock unit award granted on 02/06/2019 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 02/01/2022 and the shares will vest on 02/24/2022.
F2 Represents earned performance shares with respect to a performance stock unit award granted on 02/03/2021 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 02/01/2022 and the shares will vest on 02/17/2022.
F3 Restricted stock unit award that fully vested upon grant.

Remarks:

Exhibit 24 - Power of Attorney