Tyndall Mark Anthony 4
4 · Mallinckrodt plc · Filed Jul 5, 2023
Insider Transaction Report
Form 4
Tyndall Mark Anthony
EVP & CLO and Corp Sec
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-06-30−114,402→ 0 total→ Ordinary Shares (114,402 underlying)
Footnotes (1)
- [F1]The restricted stock units (the "RSUs") granted on April 3, 2023 were canceled by mutual agreement of the reporting person and Mallinckrodt plc ("Mallinckrodt") in connection with the Board of Directors of Mallinckrodt's approval of a cash-based Key Employee Incentive Plan ("KEIP") that replaces the Company's existing 2023 short-term incentive and 2023 long-term incentive ("2023 LTI") programs for certain of its key officers, including the reporting person. Participation in the KEIP by the reporting person was subject to the cancelation of the reporting person's prior 2023 LTI program grants, including the reporting person's April 3, 2023 RSU grant.