Randy Teel - Feb 29, 2024 Form 3 Insider Report for ARVINAS, INC. (ARVN)

Role: Int. Chief Financial Officer
Signature: /s/ Jared Freedberg, as attorney-in-fact for Randy Teel
Stock symbol: ARVN
Transactions as of: Feb 29, 2024
Transactions value $: $0
Form type: 3
Date filed: 3/19/2024, 07:02 PM
Next filing: May 23, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ARVN	Common Stock						11.4K	Feb 29, 2024	Direct
holding	ARVN	Common Stock						23.1K	Feb 29, 2024	Direct	F1
holding	ARVN	Common Stock						11.6K	Feb 29, 2024	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
holding	ARVN	Stock Option (right to buy)							Feb 29, 2024	Common Stock	34.2K	$47.00	Direct	F3
holding	ARVN	Stock Option (right to buy)							Feb 29, 2024	Common Stock	38.4K	$34.37	Direct	F4
holding	ARVN	Stock Option (right to buy)							Feb 29, 2024	Common Stock	52.4K	$64.19	Direct	F5
holding	ARVN	Stock Option (right to buy)							Feb 29, 2024	Common Stock	37K	$78.30	Direct	F6
holding	ARVN	Stock Option (right to buy)							Feb 29, 2024	Common Stock	40K	$47.38	Direct	F7
holding	ARVN	Stock Option (right to buy)							Feb 29, 2024	Common Stock	46.9K	$19.36	Direct	F8
holding	ARVN	Stock Option (right to buy)							Feb 29, 2024	Common Stock	105K	$16.00	Direct	F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units (each, an "RSU") were granted by the issuer on February 23, 2024, pursuant to its 2018 Stock Incentive Plan (the "Plan") and each RSU represents a contingent right to receive one share of the issuer's common stock upon settlement for no consideration. The RSUs will vest over two years: 1/2 of the shares underlying the award shall vest on February 23, 2025, with the remainder of the shares vesting on February 23, 2026.
F2	The RSUS were granted by the Issuer on February 22, 2023, pursuant to the Plan and each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. The RSUs vest over four years: 1/4 of the shares underlying the award vested on February 22, 2024, with the remainder of the shares vesting in equal annual installments thereafter through February 23, 2027. The RSU amount reflects that 1,184 shares were sold to pay for taxes following the February 22, 2024 vesting.
F3	The option was granted by the Issuer on February 23, 2024, pursuant to the Plan. The shares underlying the option will vest over two years: 1/2 of the shares underlying the award shall vest on February 23, 2025, with the remainder of the shares vesting on February 23, 2026.
F4	The option was granted by the Issuer on February 22, 2023, pursuant to the Plan. The shares underlying the option vest over four years: 1/4 of the shares underlying the award vested on February 22, 2024, with the remainder of the shares vesting in equal monthly installments following February 22, 2024 through February 23, 2027.
F5	The option was granted by the Issuer on February 23, 2022, pursuant to the Plan. The shares underlying the option vest over four years: 1/4 of the shares underlying the award vested on February 23, 2023, with the remainder of the shares vesting in equal monthly installments following February 23, 2023 through February 23, 2026.
F6	The option was granted by the Issuer on February 26, 2021, pursuant to the Plan. The shares underlying the option vest over four years: 1/4 of the shares underlying the award vested on February 26, 2022, with the remainder of the shares vesting in equal monthly installments following February 23, 2022 through February 23, 2025.
F7	The option was granted by the Issuer on February 27, 2020, pursuant to the Plan. The shares underlying the option vest over four years: 1/4 of the shares underlying the award vested on February 27, 2021, with the remainder of the shares vesting in equal monthly installments following February 27, 2021 through February 27, 2024.
F8	The option was granted by the Issuer on March 1, 2019, pursuant to the Plan. The shares underlying the option vest over four years: 1/4 of the shares underlying the award vested on March 1, 2020, with the remainder of the shares vesting in equal monthly installments following March 1, 2020 through March 1, 2023.
F9	The option was granted by the Issuer on September 26, 2018, pursuant to the Plan. The shares underlying the option vest over four years: 1/4 of the shares underlying the award vested on May 14, 2019, with the remainder of the shares vesting in equal monthly installments following May 14, 2019 through May 14, 2022.