Actavis plc 4
4 · Actavis plc · Filed Jul 3, 2014
Insider Transaction Report
Form 4
Actavis plcACT
JOYCE R TODD
CFO-Global
Transactions
- Award
Stock Option (Right to Buy)
2014-07-01+16,983→ 16,983 totalExercise: $224.00Exp: 2024-07-01→ Ordinary Shares (16,983 underlying) - Award
Performance-Based Restricted Stock Unit
2014-07-01+18,662→ 18,662 total→ Ordinary Shares (18,662 underlying)
Footnotes (2)
- [F1]Represents performance-based restricted share units ("PSUs") which will vest as to one-third of the total grant on each of December 31, 2017, 2018 and 2019, subject to the achievement by the Issuer of certain performance criteria. Each PSU represents a contingent right to receive ordinary shares of the Issuer equal to the product of the applicable performance multiple and the target number of shares underlying the PSU, as set forth in the award agreement between the Issuer and Reporting Person.
- [F2]Vests in five equal annual installments commencing on the first anniversary of the grant date (July 1, 2014).