Pushkal Garg - 15 Feb 2024 Form 4 Insider Report for ALNYLAM PHARMACEUTICALS, INC. (ALNY)

Signature
By: Stephen Hall, Attorney-in-Fact For: Pushkal Garg
Issuer symbol
ALNY
Transactions as of
15 Feb 2024
Transactions value $
-$193,666
Form type
4
Filing time
20 Feb 2024, 16:09:12 UTC
Previous filing
07 Aug 2023
Next filing
29 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALNY Common Stock Award $0 +4.3K +98.85% $0.00 8.64K 15 Feb 2024 Direct F1
transaction ALNY Common Stock Sale -$70.8K -480 -5.56% $147.50 8.16K 16 Feb 2024 Direct F2, F3
transaction ALNY Common Stock Sale -$99.6K -672 -8.24% $148.24 7.49K 16 Feb 2024 Direct F2, F4
transaction ALNY Common Stock Sale -$23.2K -156 -2.08% $149.03 7.33K 16 Feb 2024 Direct F2, F5
holding ALNY Common Stock 431 15 Feb 2024 by Managed Account F6
holding ALNY Common Stock 250 15 Feb 2024 by Trust F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 23, 2022, the reporting person was granted a performance-based stock unit (PSU) under the 2018 Stock Incentive Plan. The shares subject to the PSU vest based on the achievement of three specified performance measures. The shares reported were issued to the reporting person upon vesting of one-third of the shares subject to the PSU based on the issuer publicly reporting $1.5 billion in total annual revenue, as determined by The People, Culture and Compensation Committee of the Issuer Board of Directors on February 15, 2024.
F2 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.
F3 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $146.88 to $147.87. 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.
F4 The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $147.88 to $148.83. 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 $148.96 to $149.49. 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 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.
F7 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.