Home/Filings/4/0000899243-21-018657
4//SEC Filing

Waldegrave William A. 4

Accession 0000899243-21-018657

CIK 0001351288other

Filed

May 6, 8:00 PM ET

Accepted

May 7, 4:15 PM ET

Size

18.1 KB

Accession

0000899243-21-018657

Insider Transaction Report

Form 4
Period: 2021-05-05
Transactions
  • Disposition to Issuer

    Share Options

    2021-05-0535,3400 total
    Exercise: $11.17Exp: 2028-01-03Ordinary Shares (5,340 underlying)
  • Disposition to Issuer

    Share Options

    2021-05-057,1640 total
    Exercise: $0.00Exp: 2028-01-03Ordinary Shares (7,164 underlying)
  • Disposition to Issuer

    Share Options

    2021-05-0516,5480 total
    Exercise: $14.33Exp: 2029-03-01Ordinary Shares (16,548 underlying)
  • Disposition to Issuer

    Share Options

    2021-05-059,4320 total
    Exercise: $0.00Exp: 2029-03-01Ordinary Shares (9,432 underlying)
  • Disposition to Issuer

    Share Options

    2021-05-0522,4640 total
    Exercise: $0.00Exp: 2031-02-22Ordinary Shares (22,464 underlying)
  • Disposition to Issuer

    Share Options

    2021-05-0534,4160 total
    Exercise: $0.00Exp: 2030-06-04Ordinary Shares (34,416 underlying)
Footnotes (3)
  • [F1]On May 5, 2021, Jazz Pharmaceuticals Public Limited Company, a public limited company incorporated in the Republic of Ireland ("Jazz"), Jazz Pharmaceuticals UK Holdings Limited, a private limited company incorporated in England and Wales and an indirect wholly owned subsidiary of Jazz ("Bidco") and the DR Nominee (as defined in the Transaction Agreement) acquired all outstanding ordinary shares, par value British Pound Sterling 0.001 per share, of GW Pharmaceuticals plc, a public limited company incorporated in England and Wales (the "Company"), by means of a scheme of arrangement under Part 26 of the UK Companies Act 2006 (the "Scheme of Arrangement") (continued in footnote 2).
  • [F2]At the effective time of the Scheme of Arrangement, Scheme Shareholders (as defined in the Scheme of Arrangement) became entitled to receive for each Scheme Share (as defined in the Scheme of Arrangement) held by them an amount equal to $16.66 2/3 in cash plus 0.010030 ordinary shares, nominal value $0.0001 per share, of Jazz. The transaction is more fully described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on March 15, 2021.
  • [F3]Pursuant to the Transaction Agreement , dated as of February 3, 2021 (the "Transaction Agreement"), by and among the Company, Jazz and Bidco, these share options vested (to the extent unvested) and were canceled in connection with the closing of the transactions contemplated by the Transaction Agreement in exchange for an all-cash payment equal to the value of the share options based on the value of the transaction consideration.

Issuer

GW PHARMACEUTICALS PLC

CIK 0001351288

Entity typeother

Related Parties

1
  • filerCIK 0001754145

Filing Metadata

Form type
4
Filed
May 6, 8:00 PM ET
Accepted
May 7, 4:15 PM ET
Size
18.1 KB