4//SEC Filing
KANAN MICHAEL F 4
Accession 0001140361-17-046238
CIK 0001012477other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 4:18 PM ET
Size
10.9 KB
Accession
0001140361-17-046238
Insider Transaction Report
Form 4
KANAN MICHAEL F
See Remarks
Transactions
- Award
ADSs
2017-12-12+18,000→ 36,000 total - Award
Stock Option (right to buy)
2017-12-12$8.95/sh+80,000$716,000→ 80,000 totalExercise: $8.95Exp: 2027-12-12→ ADSs (80,000 underlying)
Holdings
- 100,000
Stock Option (right to buy)
Exercise: $10.40Exp: 2026-12-14→ ADSs (100,000 underlying) - 100,000
Stock Option (right to buy)
Exercise: $16.21Exp: 2025-10-28→ ADSs (100,000 underlying)
Footnotes (5)
- [F1]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.
- [F2]Includes (a) 18,000 restricted ADSs granted under the issuer's "Free Share" award program on 12/14/2016, all of which will be issued to the reporting person on the second anniversary of the grant date; (b) 18,000 restricted ADSs granted under the issuer's "Free Share" award program on 12/14/2016, all of which will be issued to the reporting person on the second anniversary of the grant date; and (c) 18,000 restricted shares granted under the issuer's Omnibus Incentive Compensation Plan on 12/12/2017, under which 12,000 ADSs will vest and be issued on the second anniversary of the grant date and the remaining 6,000 ADSs will vest and be issued on the third anniversary of the grant date (with vesting of these restricted shares subject to the reporting person remaining in continuous service until the applicable anniversary of the date of grant).
- [F3]Options become exercisable as to 25,000 ADSs on each of the first four anniversaries after the 10/28/2015 grant date.
- [F4]Options become exercisable as to 25,000 ADSs on each of the first four anniversaries after the 12/14/2016 grant date.
- [F5]Options become exercisable as to 20,000 ADSs on each of the first four anniversaries after the 12/12/2017 grant date.
Documents
Issuer
AVADEL PHARMACEUTICALS PLC
CIK 0001012477
Entity typeother
Related Parties
1- filerCIK 0001461953
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 4:18 PM ET
- Size
- 10.9 KB