Jazz Pharmaceuticals plc 4
4 · Jazz Pharmaceuticals plc · Filed Aug 11, 2014
Insider Transaction Report
Form 4
Schnee Elmar
Director
Transactions
- Award
Ordinary Shares
2014-08-07+2,500→ 2,500 total - Award
Nonstatutory Stock Option (right to buy)
2014-08-07+5,000→ 5,000 totalExercise: $135.44Exp: 2024-08-06→ Ordinary Shares (5,000 underlying)
Footnotes (2)
- [F1]These restricted stock units are granted pursuant to the Issuer's 2007 Equity Incentive Plan to the Reporting Person as a non-employee director of the Issuer. Each restricted stock unit represents a contingent right to receive one ordinary share upon the vesting of the unit. Subject to the Reporting Person's continuous service and certain additional conditions, these units will vest in three equal annual installments on each of the first three anniversaries of August 1, 2014, the date the Reporting Person was first elected to the Issuer's board of directors (the "Vesting Commencement Date").
- [F2]This option is granted pursuant to the Issuer's 2007 Non-Employee Directors Stock Option Plan. Subject to the Reporting Person's continuous service and certain additional conditions, this option vests over three years from the Vesting Commencement Date, with 1/3 vesting on the first anniversary of the Vesting Commencement Date and the remainder vesting in 24 equal monthly installments thereafter.