Briggs Morrison - Apr 14, 2022 Form 4 Insider Report for ARVINAS, INC. (ARVN)

Role
Director
Signature
/s/ Matthew Batters, as attorney-in-fact for Briggs Morrison
Stock symbol
ARVN
Transactions as of
Apr 14, 2022
Transactions value $
-$1,133,608
Form type
4
Date filed
4/18/2022, 09:00 PM
Previous filing
Apr 13, 2022
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARVN Common Stock Options Exercise $259K +16.2K +65.41% $16.00 40.9K Apr 14, 2022 Direct F1
transaction ARVN Common Stock Sale -$202K -3.1K -7.58% $65.24 37.8K Apr 14, 2022 Direct F1, F2
transaction ARVN Common Stock Sale -$469K -7.1K -18.78% $66.07 30.7K Apr 14, 2022 Direct F1, F3
transaction ARVN Common Stock Sale -$721K -10.8K -35% $67.03 20K Apr 14, 2022 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 -16.2K -97.04% $0.00 494 Apr 14, 2022 Common Stock 16.2K $16.00 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercises and sales reported on this form were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.55 to $65.54, 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 (the "SEC"), 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 $65.56 to $66.54, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the SEC, 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 $66.58 to $67.40, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the SEC, 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. 1/12 of the shares underlying the award vested as of June 28, 2018, with the remainder of the shares vesting in equal quarterly installments following June 28, 2018 through March 28, 2021.