Glass Geoffrey Michael 4
4 · AVADEL PHARMACEUTICALS PLC · Filed Sep 1, 2023
Insider Transaction Report
Form 4
Glass Geoffrey Michael
Director
Transactions
- Gift
Stock Option (Right to Buy)
2023-09-01−33,000→ 0 totalExercise: $14.10Exp: 2033-08-01→ ADSs (33,000 underlying)
Holdings
- 33,000(indirect: By Trust)
Stock Option (Right to Buy)
Exercise: $14.10Exp: 2033-08-01→ ADSs (33,000 underlying)
Footnotes (3)
- [F1]These options shall vest in full on the earlier to occur of (a) August 1, 2024 or (b) the date of the next annual general meeting of shareholders following the date of grant (August 1, 2023), subject to the Reporting Person's continued service on the Board of Directors at such time.
- [F2]The Issuer's "ADSs" are American Depositary Shares, with each ADS representing one ordinary share, nominal value $0.01 per share, of the issuer; ADSs may be represented by American Depositary Receipts.
- [F3]On September 1, 2023, the Reporting Person transferred 33,000 options to the Geoffrey M. Glass Revocable Trust u/t/d August 26, 2020, of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the trust.