Endo International plc 4
4 · Endo International plc · Filed Mar 22, 2016
Insider Transaction Report
Form 4
DE SILVA RAJIV
DirectorPresident & CEO
Transactions
- Tax Payment
Ordinary Shares
2016-03-18$30.43/sh−6,244$190,005→ 258,158 total - Exercise/Conversion
Stock Incentive Plan Performance Shares
2016-03-21−82,182→ 304,402 total - Tax Payment
Ordinary Shares
2016-03-21$29.78/sh−28,099$836,788→ 291,695 total - Exercise/Conversion
Ordinary Shares
2016-03-21+61,636→ 319,794 total
Holdings
- 63,315(indirect: By Trust)
Oridnary Shares
Footnotes (9)
- [F1]Thirty-three percent (33%) of Mr. De Silva's March 18, 2013 grant of restricted stock units (RSUs) vested on March 18, 2016.
- [F2]These shares represent stock withheld by Endo International plc to satisfy Mr. De Silva's tax withholding obligations on shares acquired upon vesting of RSUs.
- [F3]$30.43 represents the vesting price, which is the average of the high and low share price on March 18, 2016.
- [F4]On March 21, 2016, the cumulative 3-year performance period for Mr. De Silva's March 18, 2013 grant of performance shares concluded. At this time, the performance shares were converted into 61,636 ordinary shares. Of this amount, 28,099 ordinary shares were withheld by Endo International plc to satisfy Mr. De Silva's tax obligations on ordinary shares acquired, and 33,537 ordinary shares were transferred to Mr. De Silva effective immediately.
- [F5]Represents the target number of shares issuable upon Endo International plc's achievement of shareholder return performance metrics over a cumulative three-year period, as determined by Endo International plc's Board of Directors at the end of such three-year period.
- [F6]These securities were granted to Mr. De Silva in consideration of his services as the President and Chief Executive Officer of Endo International plc.
- [F7]This represents the automatic conversion of performance shares granted to Mr. De Silva on March 18, 2013 to ordinary shares of Endo International plc pursuant to the terms of the underlying award agreement.
- [F8]These shares represent stock withheld by Endo International plc to satisfy Mr. De Silva's tax withholding obligations on shares acquired upon vesting of performance shares.
- [F9]$29.78 represents the vesting price, which is the average of the high and low share price on March 21, 2016.