Akshay Vaishnaw - Aug 3, 2023 Form 4 Insider Report for ALNYLAM PHARMACEUTICALS, INC. (ALNY)

Role
President
Signature
By: Stephen Hall, Attorney-in-Fact For: Akshay K. Vaishnaw
Stock symbol
ALNY
Transactions as of
Aug 3, 2023
Transactions value $
-$753,986
Form type
4
Date filed
8/7/2023, 06:04 PM
Previous filing
Jun 22, 2023
Next filing
Jun 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ALNY Common Stock Award $0 +5.08 K +28.41% $0.00 23 K Aug 3, 2023 Direct F1
transaction ALNY Common Stock Award $0 +3.86 K +16.8% $0.00 26.8 K Aug 3, 2023 Direct F2
transaction ALNY Common Stock Sale -$142 K -771 -2.87% $184.70 26.1 K Aug 4, 2023 Direct F3, F4
transaction ALNY Common Stock Sale -$347 K -1.87 K -7.17% $185.54 24.2 K Aug 4, 2023 Direct F3, F5
transaction ALNY Common Stock Sale -$206 K -1.11 K -4.58% $186.39 23.1 K Aug 4, 2023 Direct F3, F6
transaction ALNY Common Stock Sale -$18.9 K -101 -0.44% $187.37 23 K Aug 4, 2023 Direct F3, F7
transaction ALNY Common Stock Sale -$3.2 K -17 -0.07% $188.40 23 K Aug 4, 2023 Direct F8, F9
transaction ALNY Common Stock Sale -$36.3 K -192 -0.84% $189.31 22.8 K Aug 4, 2023 Direct F3
holding ALNY Common Stock 515 Aug 3, 2023 by Managed Account F10

Explanation of Responses:

Id Content
F1 On February 26, 2020, the reporting person was granted performance-based stock units (PSUs) in connection with the issuer 2019 year-end compensation review. The PSUs vest in separate installments based on the achievement of three specified performance measures as determined by the People, Culture and Compensation Committee of the issuer Board of Directors. The shares reported were issued to the reporting person upon vesting of one-third of the PSUs based on achievement of a corresponding performance measure relating to the issuer public reporting of the achievement of the first $2.5 billion in cumulative net product revenues determined in accordance with GAAP based solely upon the sales by the Company, including its affiliates and ex-U.S. distributions, of products discovered/developed by the Company.
F2 On February 24, 2021, the reporting person was granted performance-based stock units (PSUs) in connection with the issuer 2020 year-end compensation review. The PSUs vest in separate installments based on the achievement of four specified performance measures as determined by the People, Culture and Compensation Committee of the issuer Board of Directors. The shares reported were issued to the reporting person upon vesting of one-quarter of the PSUs based on achievement of a corresponding performance measure relating to the issuer public reporting of the achievement of the first $2.5 billion in cumulative net product revenues determined in accordance with GAAP based solely upon the sales by the Company, including its affiliates and ex-U.S. distributions, of products discovered/developed by the Company.
F3 Represents shares automatically sold by the Company on behalf of the reporting person pursuant to a mandatory sell-to-cover provision in the award agreement required to cover minimum statutory tax withholding obligations that became due upon the vesting and settlement of restricted stock units reported in this form.
F4 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $184.01 to $185.01. The reporting person will 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 within the range.
F5 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $185.02 to $186.02. The reporting person will 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 within the range.
F6 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $186.03 to $187.02. The reporting person will 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 within the range.
F7 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $187.04 to $188.04. The reporting person will 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 within the range.
F8 Represents shares automatically sold by the Company on behalf of the reporting person pursuant to a mandatory sell-to-cover provision in the award agreement required to cover minimum statutory tax withholding obligations that became due upon the vesting event.
F9 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $188.14 to $189.05. The reporting person will 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 within the range.
F10 Reflects shares of ALNY common stock acquired by the reporting person under the issuer 401(k) plan as a result of the issuer 401(k) matching contribution program.