Thornton Peter J. 4
4 · AVADEL PHARMACEUTICALS PLC · Filed Aug 2, 2018
Insider Transaction Report
Form 4
Thornton Peter J.
Director
Transactions
- Award
ADSs
2018-08-01+27,900→ 33,055 total
Holdings
- 35,000
Stock Option (right to buy)
Exercise: $10.51From: 2018-06-28Exp: 2022-06-28→ ADSs (35,000 underlying)
Footnotes (3)
- [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]Represents 27,900 restricted ADSs granted under the issuer's Omnibus Incentive Compensation Plan on 08/01/2018; one-third (1/3) of the ADSs will vest on each of the first three anniversaries of the grant date.
- [F3]Options become exercisable as to all 30,000 ADSs on the first anniversary of the 06/28/2017 grant date.