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

Role: Director
Signature: /s/ Matthew Batters, as attorney-in-fact for Briggs Morrison
Issuer symbol: ARVN
Transactions as of: 14 Apr 2022
Net transactions value: -$1,133,608
Form type: 4
Filing time: 18 Apr 2022, 21:00:13 UTC
Previous filing: 13 Apr 2022
Next filing: 16 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARVN	Common Stock	Options Exercise	$259,008	+16,188	+65%	$16.00	40,936	14 Apr 2022	Direct	F1
transaction	ARVN	Common Stock	Sale	$202,372	-3,102	-7.6%	$65.24	37,834	14 Apr 2022	Direct	F1, F2
transaction	ARVN	Common Stock	Sale	$469,356	-7,104	-19%	$66.07	30,730	14 Apr 2022	Direct	F1, F3
transaction	ARVN	Common Stock	Sale	$720,888	-10,754	-35%	$67.03	19,976	14 Apr 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	-16,188	-97%	$0.000000	494	14 Apr 2022	Common Stock	16,188	$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.