Sec Form 4 Filing - FRATES JAMES M @ Alkermes plc. - 2014-08-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
FRATES JAMES M
2. Issuer Name and Ticker or Trading Symbol
Alkermes plc. [ ALKS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP & CFO, Alkermes plc
(Last) (First) (Middle)
CONNAUGHT HOUSE, 1 BURLINGTON ROAD
3. Date of Earliest Transaction (MM/DD/YY)
08/27/2014
(Street)
DUBLIN 4 IRELAND
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 08/27/2014 M( 1 ) 8,000 A $ 8.55 52,225 D
Ordinary Shares 08/27/2014 M( 1 ) 8,000 A $ 14.9 60,225 D
Ordinary Shares 08/27/2014 S( 2 ) 16,000 D $ 45.0813 ( 3 ) 44,225 D
Ordinary Shares 4,000 I By Sons
Ordinary Shares 57,000 I By GRAT ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 8.55 08/27/2014 M( 1 ) 8,000 ( 5 ) 05/26/2019 Ordinary Shares 8,000 $ 0 41,000 D
Non Qualified Stock Option (Right to Buy) $ 14.9 08/27/2014 M( 1 ) 8,000 ( 5 ) 12/17/2014 Ordinary Shares 8,000 $ 0 56,870 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
FRATES JAMES M
CONNAUGHT HOUSE
1 BURLINGTON ROAD
DUBLIN 4 IRELAND
SVP & CFO, Alkermes plc
Signatures
/s/ Jennifer Baptiste, attorney-in-fact for James M. Frates 08/27/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
( 2 )This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
( 3 )The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $44.98 to $45.37. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
( 4 )Shares held by James M. Frates Grantor Retained Annuity Trust dated March 14, 2014 (the "GRAT"). The Reporting Person is a trustee and beneficiary of the GRAT and may be deemed to hold voting and dispositive power with regard to the reported shares held by the GRAT.
( 5 )These options are fully vested in accordance with their terms.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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