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4//SEC Filing

Mallinckrodt plc 4

Accession 0001209191-14-053215

CIK 0001567892operating

Filed

Aug 17, 8:00 PM ET

Accepted

Aug 18, 9:29 PM ET

Size

8.5 KB

Accession

0001209191-14-053215

Insider Transaction Report

Form 4
Period: 2014-08-14
Transactions
  • Award

    Restricted Stock Units

    2014-08-14+1,8931,893 total
    Exercise: $0.00Ordinary shares (1,893 underlying)
  • Award

    Ordinary shares, $0.20 par value

    2014-08-14+90,28890,288 total
Footnotes (3)
  • [F1]On August 14, 2014, Mallinckrodt plc ("Mallinckrodt") acquired Questcor Pharmaceuticals, Inc. ("Questcor") pursuant to the Agreement and Plan of Merger, dated as of April 5, 2014, by and among Mallinckrodt, Questcor and Quincy Merger Sub, Inc. (the "Merger"). In connection with the Merger, immediately prior to the effective time of the Merger (the "Effective Time"): (i) each share of Questcor common stock (except for certain shares defined in the Merger Agreement) converted into the right to receive, without interest, (a) $30.00 in cash and (b) 0.897 of an ordinary share of Mallinckrodt, in exchange for such share of Questcor common stock ("Merger Consideration");
  • [F2](ii) each outstanding option to purchase Questcor common stock granted to a non-employee director (whether vested or unvested) converted into the right to receive the Merger Consideration with respect to each share of Questcor common stock subject to such option immediately prior to the Effective Time, net of the applicable exercise price; and (iii) each outstanding share of restricted Questcor common stock granted to a non-employee director was converted into the right to receive the Merger Consideration.
  • [F3]These restricted stock units ("RSUs") were granted to the reporting person in connection with his appointment to the Mallinckrodt board of directors on August 14, 2014. These RSUs vest in their entirety as of the date of Mallinckrodt's 2015 annual general meeting of shareholders and settle in Mallinckrodt ordinary shares upon vesting.

Issuer

Mallinckrodt plc

CIK 0001567892

Entity typeoperating
IncorporatedIreland

Related Parties

1
  • filerCIK 0001567892

Filing Metadata

Form type
4
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 9:29 PM ET
Size
8.5 KB