4//SEC Filing
El-Dada Riad Hussein 4
Accession 0001104659-23-076468
CIK 0001567892other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 6:51 PM ET
Size
7.1 KB
Accession
0001104659-23-076468
Insider Transaction Report
Form 4
El-Dada Riad Hussein
Director
Transactions
- Disposition to Issuer
Ordinary Shares
2023-06-16−26,277→ 23,122 total - Tax Payment
Ordinary Shares
2023-06-16$1.28/sh−3,154$4,037→ 49,399 total
Footnotes (1)
- [F1]The restricted stock units (the "RSUs") granted to the reporting person on January 3, 2023 were canceled by mutual agreement of the reporting person and Mallinckrodt plc ("Mallinckrodt") in connection with the Board of Directors (the "Board") of Mallinckrodt's approval of changes to the compensation of non-employee members of the Board (such changes, the "Compensation Changes"). In connection with the Compensation Changes, and in consideration of the cancelation of the RSUs, the reporting person will receive (i) in the event of a bankruptcy filing, additional cash compensation for 2023 of $210,000 or (ii) in the absence of a bankruptcy filing, additional cash compensation for 2023 of $245,000. In either event, the amounts are to be prepaid pro rata on a quarterly basis and paid in arrears for the prior quarters of fiscal year 2023.
Documents
Issuer
Mallinckrodt plc
CIK 0001567892
Entity typeother
Related Parties
1- filerCIK 0001926018
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 6:51 PM ET
- Size
- 7.1 KB