Liam Ratcliffe - 14 Dec 2021 Form 4 Insider Report for ARVINAS, INC. (ARVN)

Role
Director
Signature
/s/ Matthew Batters, as attorney-in-fact for Liam Ratcliffe
Issuer symbol
ARVN
Transactions as of
14 Dec 2021
Net transactions value
-$23,833,381
Form type
4
Filing time
16 Dec 2021, 20:30:24 UTC
Previous filing
15 Nov 2021
Next filing
01 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARVN Common Stock Sale $7,885,099 -119,456 -22% $66.01 421,935 14 Dec 2021 See footnote F1, F2
transaction ARVN Common Stock Sale $2,373,959 -36,308 -8.6% $65.38 385,627 14 Dec 2021 See footnote F2, F3
transaction ARVN Common Stock Sale $44,941 -700 -0.18% $64.20 384,927 14 Dec 2021 See footnote F2, F4
transaction ARVN Common Stock Sale $2,718,272 -40,292 -10% $67.46 344,635 15 Dec 2021 See footnote F2, F5
transaction ARVN Common Stock Sale $4,492,326 -67,549 -20% $66.50 277,086 15 Dec 2021 See footnote F2, F6
transaction ARVN Common Stock Sale $374,366 -5,695 -2.1% $65.74 271,391 15 Dec 2021 See footnote F2, F7
transaction ARVN Common Stock Sale $3,378,387 -48,499 -18% $69.66 222,892 16 Dec 2021 See footnote F2, F8
transaction ARVN Common Stock Sale $2,566,031 -37,206 -17% $68.97 185,686 16 Dec 2021 See footnote F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.66 to $65.67, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
F2 The reported shares are held directly by AI Biotechnology LLC ("AIB"), a limited liability company of which the reporting person is the holder of units that are treated as profits interest units. The units owned by the reporting person do not convey a right to vote or dispose of the shares of the Issuer's Common Stock held by AIB. The reporting person disclaims beneficial ownership of all shares held by AIB and this report shall not be deemed an admission of beneficial ownership of such shares for the purposes of Section 16 or for any other purpose except to the extent of his pecuniary interest therein.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.665 to $64.70, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3).
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.34 to $64.03, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4).
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.94 to $66.94, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5).
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.93 to $65.93, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (6).
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.92 to $65.45, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (7).
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.28 to $69.28, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (8).
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.275 to $68.335, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (9).