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

Signature
By: Stephen Hall, Attorney-in-Fact For: Pushkal Garg
Stock symbol
ALNY
Transactions as of
Aug 3, 2023
Transactions value $
-$1,409,306
Form type
4
Date filed
8/7/2023, 06:05 PM
Previous filing
Jun 15, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALNY Common Stock Award $0 +4.52K +103.98% $0.00 8.86K Aug 3, 2023 Direct F1
transaction ALNY Common Stock Award $0 +3.11K +35.08% $0.00 12K Aug 3, 2023 Direct F2
transaction ALNY Common Stock Sale -$122K -658 -5.5% $184.70 11.3K Aug 4, 2023 Direct F3, F4
transaction ALNY Common Stock Sale -$296K -1.59K -14.08% $185.54 9.72K Aug 4, 2023 Direct F3, F5
transaction ALNY Common Stock Sale -$176K -945 -9.72% $186.39 8.78K Aug 4, 2023 Direct F3, F6
transaction ALNY Common Stock Sale -$16.1K -86 -0.98% $187.37 8.69K Aug 4, 2023 Direct F3, F7
transaction ALNY Common Stock Sale -$2.83K -15 -0.17% $188.40 8.68K Aug 4, 2023 Direct F3, F8
transaction ALNY Common Stock Sale -$31K -164 -1.89% $189.31 8.51K Aug 4, 2023 Direct F3
transaction ALNY Common Stock Sale -$571K -3.11K -36.56% $183.58 5.4K Aug 7, 2023 Direct F9, F10
transaction ALNY Common Stock Sale -$150K -814 -15.08% $184.65 4.59K Aug 7, 2023 Direct F9, F11
transaction ALNY Common Stock Sale -$44.5K -240 -5.23% $185.32 4.35K Aug 7, 2023 Direct F9, F12
holding ALNY Common Stock 431 Aug 3, 2023 by Managed Account F13
holding ALNY Common Stock 250 Aug 3, 2023 by Trust F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 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.
F9 These sales were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2022.
F10 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $183.09 to $184.05. 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.
F11 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $184.12 to $184.89. 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.
F12 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $185.20 to $185.61. 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.
F13 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.
F14 Represents shares held in trust, of which the reporting persons spouse is co-trustee. The reporting person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.