BIOGEN INC. 4
4 · BIOGEN INC. · Filed Feb 17, 2016
Insider Transaction Report
Form 4
BIOGEN INC.BIIB
Holtzman Steven H
EVP Corp Devel and Strategy
Transactions
- Tax Payment
Common Stock
2016-02-12$247.22/sh−495$122,374→ 6,697 total - Exercise/Conversion
Common Stock
2016-02-12+1,052→ 7,192 total - Exercise/Conversion
Common Stock
2016-02-12+2,142→ 8,839 total - Tax Payment
Common Stock
2016-02-12$247.22/sh−819$202,473→ 8,020 total - Exercise/Conversion
Restricted Stock Unit
2016-02-12−1,052→ 3,842 totalExercise: $0.00Exp: 2017-02-12→ Common Stock (1,052 underlying) - Exercise/Conversion
Restricted Stock Unit
2016-02-12−2,142→ 2,147 totalExercise: $0.00Exp: 2017-02-12→ Common Stock (2,142 underlying) - Other
Restricted Stock Unit
2016-02-12−1,394→ 2,448 totalExercise: $0.00Exp: 2017-02-12→ Common Stock (1,394 underlying)
Footnotes (3)
- [F1]The number of RSUs reported represents the maximum possible number of shares that are 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 Idec 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 on the grant date]).
- [F2]The number of RSUs reported represents the maximum possible number of shares that are eligible for vesting, which is 150% of the number of shares at target payout. One-fourth of these RSUs are eligible to vest on each of the first four 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 Idec 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 average 60 calendar-day closing stock price ending on the vesting date divided by the average 60 calendar-day closing stock price on the grant date]).
- [F3]This represents the difference between the maximum possible number of shares that were eligible for vesting and the actual number that vested.