Home/Filings/4/0000885590-15-000052
4//SEC Filing

Valeant Pharmaceuticals International, Inc. 4

Accession 0000885590-15-000052

$BHCCIK 0000885590operating

Filed

Jun 23, 8:00 PM ET

Accepted

Jun 24, 4:20 PM ET

Size

6.0 KB

Accession

0000885590-15-000052

Insider Transaction Report

Form 4
Period: 2015-06-22
Stolz Brian M.
EVP, Administration and CHCO
Transactions
  • Tax Payment

    Common Stock, no par value

    2015-06-22+2,292125,280 total
Footnotes (3)
  • [F1]This number represents common shares ("Common Shares") of Valeant Pharmaceuticals, Inc. ("Valeant") withheld to satisfy the tax withholding obligations due upon vesting of performance-based RSUs.
  • [F2]This number includes the maximum number of Common Shares that may be delivered in settlement of performance-based Restricted Share Units ("PSUs") that were previously reported on Form 4 in Table II. See note (3).
  • [F3]The initial grant of PSUs was reported to vest based on total shareholder return ("TSR") between a price of $51.76 starting on August 10, 2011 and the average stock price for the 20 trading days starting on each measurement dates: 25% on May 10, 2014, 50% August 10, 2014 and 25% on November 10, 2014 (or 25% on May 10, 2015, 50% on August 10, 2015 and 25% on November 10, 2015, if applicable). Unit vesting is contingent on TSR performance between 15% and 45% into between one and three shares of common stock, respectively, with early vesting possible at higher TSR levels. These performance-based RSUs remain unvested for up to 29,044 Common Shares.

Issuer

Valeant Pharmaceuticals International, Inc.

CIK 0000885590

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0000885590

Filing Metadata

Form type
4
Filed
Jun 23, 8:00 PM ET
Accepted
Jun 24, 4:20 PM ET
Size
6.0 KB