Jean Jacques Bienaime - May 11, 2023 Form 4 Insider Report for BIOMARIN PHARMACEUTICAL INC (BMRN)

Role
Chief Executive Officer, Director
Signature
/s/ Eric Fleekop, Attorney-in-Fact
Stock symbol
BMRN
Transactions as of
May 11, 2023
Transactions value $
-$805,926
Form type
4
Date filed
5/15/2023, 04:58 PM
Previous filing
May 11, 2023
Next filing
May 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMRN Common Stock Options Exercise $2.03M +30K +7.04% $67.81 456K May 11, 2023 Direct F1
transaction BMRN Common Stock Sale -$2.31M -24.4K -5.36% $94.55 432K May 11, 2023 Direct F1, F2
transaction BMRN Common Stock Sale -$530K -5.56K -1.29% $95.22 426K May 11, 2023 Direct F1, F3
holding BMRN Common Stock 247K May 11, 2023 Shares held by Jean-Jacques Bienaime Family Trust
holding BMRN Common Stock 100 May 11, 2023 Shares held as UTMA custodian for child
holding BMRN Common Stock 100 May 11, 2023 Shares held as UTMA custodian for child

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 BMRN Stock Option (Right to Buy Common Stock) Options Exercise $0 -30K -43.4% $0.00 39.1K May 11, 2023 Common Stock 30K $67.81 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Trade made pursuant to a 10b5-1 plan executed on November 17, 2022.
F2 The price in column 4 is the weighted average price. The price actually received ranged from $93.935 to $94.93. The reporting person shall provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price.
F3 The price in column 4 is the weighted average price. The price actually received ranged from $94.94 to $95.39. The reporting person shall provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price.
F4 Reflects the number of options outstanding after the transactions from this specific stock option grant.