Michael R. McDonnell - 16 Feb 2024 Form 4 Insider Report for BIOGEN INC. (BIIB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Feb 2024, 21:29:48 UTC
Prior SEC filing
13 Feb 2024
Next SEC filing
20 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Wendell Taylor, attorney-in-fact for Michael R. McDonnell

Key filing fact

Michael R. McDonnell filed Form 4 for BIOGEN INC. (BIIB) on 21 Feb 2024.

Key facts

  • This page summarizes Michael R. McDonnell's Form 4 filing for BIOGEN INC. (BIIB).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 21 Feb 2024, 21:29.

Change

  • Previous filing in this sequence was filed on 13 Feb 2024.
  • Current net transaction value: -$753,197.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BIIB transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+4,568
Change %
+28%
Price
$0.000000
Shares after
20,692
Date
16 Feb 2024
Ownership
Direct
BIIB transaction

Common Stock

Tax liability

Transaction value
$511,990
Shares
-2,337
Change %
-11%
Price
$219.08
Shares after
18,355
Date
16 Feb 2024
Ownership
Direct
BIIB transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+2,152
Change %
+12%
Price
$0.000000
Shares after
20,507
Date
16 Feb 2024
Ownership
Direct
BIIB transaction

Common Stock

Tax liability

Transaction value
$241,207
Shares
-1,101
Change %
-5.4%
Price
$219.08
Shares after
19,406
Date
16 Feb 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BIIB transaction Derivative

Performance Stock Unit

Options Exercise

Transaction value
$0
Shares
-4,568
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,568
Exercise price
$0.000000
BIIB transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-2,152
Change %
-44%
Price
$0.000000
Shares after
2,684
Date
16 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,152
Exercise price
$0.000000
Footnotes
F1
BIIB transaction Derivative

Restricted Stock Unit

Other

Transaction value
$0
Shares
-2,684
Change %
-100%
Price
$0.000000*
Shares after
0
Date
16 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,684
Exercise price
$0.000000
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

This award was granted to the reporting person on February 18, 2021. The number of RSUs reported represented the maximum possible number of shares that were eligible for vesting, which is 200% of the number of shares at target payout. One-third of these RSUs are eligible to vest on each of the first three anniversaries of the grant date. The actual number of shares that will vest on each vesting date will be determined by comparing the price of Biogen common stock on such vesting date to the price on the grant date (i.e., number of vested shares = number of shares at target payout times [the 30-day average closing stock price ending on the vesting date divided by the 30-day average closing stock price following and including the grant date]).

Footnote F2

This represents the difference between the maximum possible number of shares that were eligible for vesting and the actual number that vested.

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