John G. Houston - Feb 23, 2022 Form 4 Insider Report for ARVINAS, INC. (ARVN)

Role
President and CEO, Director
Signature
/s/ Matthew Batters as attorney-in-fact for John Houston
Stock symbol
ARVN
Transactions as of
Feb 23, 2022
Transactions value $
-$385,175
Form type
4
Date filed
3/4/2022, 08:00 PM
Previous filing
Nov 3, 2021
Next filing
Jun 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARVN Common Stock Options Exercise +17.5K +2.1% 850K Mar 4, 2022 Direct F1
transaction ARVN Common Stock Sale -$385K -6.02K -0.71% $63.94 844K Mar 4, 2022 Direct F2, 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 ARVN Stock Option (right to buy) Award $0 +201K $0.00 201K Feb 23, 2022 Common Stock 201K $64.19 Direct F4
transaction ARVN Restricted Stock Units Options Exercise $0 -17.5K -50% $0.00 17.5K Mar 4, 2022 Common Stock 17.5K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock.
F2 This sale was made to cover withholding taxes following the vesting of previously granted Restricted Stock Units.
F3 The broker sold shares of the Issuer's common stock for certain employees following the vesting of previously granted Restricted Stock Units, including the common stock reported on this Form 4 by the reporting person, at an average price of $63.94.
F4 This option award was granted on February 23, 2022. 1/4 of the shares underlying the award shall vest on February 23, 2023, with the remainder of the shares vesting in equal monthly installments following February 23, 2023 through February 23, 2026.
F5 On March 1, 2019, the reporting person was granted 70,042 Restricted Stock Units, vesting in four equal annual installments beginning March 1, 2020.