Andrew Saik - Jun 24, 2024 Form 4 Insider Report for ARVINAS, INC. (ARVN)

Role: Chief Financial Officer
Signature: /s/ Jared Freedberg, as attorney-in-fact for Andrew Saik
Stock symbol: ARVN
Transactions as of: Jun 24, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/26/2024, 04:20 PM
Previous filing: Nov 13, 2023
Next filing: Jul 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARVN	Common Stock	Award	$0	+61.4K		$0.00	61.4K	Jun 24, 2024	Direct	F1

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)	Award	$0	+94.4K		$0.00	94.4K	Jun 24, 2024	Common Stock	94.4K	$24.97	Direct	F2

* 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 June 24, 2024, in accordance with Nasdaq Listing Rule 5635(c)(4), and not pursuant to its 2018 Stock Incentive Plan (the "Plan"). 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 four years: 25% of the RSUs will vest on each of June 24, 2025, June 24, 2026, June 24, 2027 and June 24, 2028, subject to the Reporting Person's continued service with the Issuer on each such vesting date.
F2	The option was granted by the Issuer on June 24, 2024, in accordance with Nasdaq Listing Rule 5635(c)(4) and not pursuant the Plan. The shares underlying the option will vest over four years: 1/4 of the shares underlying the award shall vest on June 24, 2025, with the remainder of the shares vesting in equal monthly installments following June 24, 2025 through June 24, 2028.

Content

The restricted stock units (each, an "RSU") were granted by the Issuer on June 24, 2024, in accordance with Nasdaq Listing Rule 5635(c)(4), and not pursuant to its 2018 Stock Incentive Plan (the "Plan"). 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 four years: 25% of the RSUs will vest on each of June 24, 2025, June 24, 2026, June 24, 2027 and June 24, 2028, subject to the Reporting Person's continued service with the Issuer on each such vesting date.

The option was granted by the Issuer on June 24, 2024, in accordance with Nasdaq Listing Rule 5635(c)(4) and not pursuant the Plan. The shares underlying the option will vest over four years: 1/4 of the shares underlying the award shall vest on June 24, 2025, with the remainder of the shares vesting in equal monthly installments following June 24, 2025 through June 24, 2028.