Ronald Peck - Aug 11, 2023 Form 4 Insider Report for ARVINAS, INC. (ARVN)

Signature
/s/ John Houston, as attorney-in-fact for Ronald Peck
Stock symbol
ARVN
Transactions as of
Aug 11, 2023
Transactions value $
-$32,289
Form type
4
Date filed
8/14/2023, 05:27 PM
Previous filing
Feb 24, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARVN Common Stock Options Exercise +4.01K +14.7% 31.3K Aug 11, 2023 Direct F1
transaction ARVN Common Stock Sale -$32.3K -1.32K -4.23% $24.39 30K Aug 11, 2023 Direct F2

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 Restricted Stock Units Options Exercise $0 -4.01K -100% $0.00* 0 Aug 11, 2023 Common Stock 4.01K Direct F1, F3
* 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 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 On July 29, 2019, the reporting person was granted 16,041 Restricted Stock Units, vesting in four equal annual installments beginning July 29, 2020.