Home/Filings/4/0001387131-22-009897
4//SEC Filing

GSK PLC 4

Accession 0001387131-22-009897

$GSKCIK 0001583107other

Filed

Sep 19, 8:00 PM ET

Accepted

Sep 20, 4:16 PM ET

Size

8.5 KB

Accession

0001387131-22-009897

Insider Transaction Report

Form 4
Period: 2022-09-16
Transactions
  • Other

    Exchangeable Senior Notes due 2023

    2022-09-160 total(indirect: See Footnote)
    Exercise: $29.07Ordinary Shares (9,256,882 underlying)
  • Other

    Ordinary Shares

    2022-09-16$9.75/sh9,644,807$94,036,8680 total(indirect: By Corporation)
Footnotes (2)
  • [F1]On September 16, 2022, the previously announced offer by GSK Finance (No.3) plc ("GSK Finance"), a wholly owned indirect subsidiary of GSK plc ("GSK"), to repurchase any and all of its Exchangeable Senior Notes due 2023 (the "Notes") exchangeable into ordinary shares ("Ordinary Shares") of Theravance Biopharma, Inc. ("Theravance Biopharma") expired, and on September 20, 2022, GSK Finance repurchased $269,061,000 aggregate principal amount of the Notes pursuant to that offer. The 9,644,792 Ordinary Shares that underlay the previously outstanding $280,336,000 aggregate principal amount of Notes were held directly by GSK Finance. Following the repurchase of the Notes and the subsequent cancellation of such Notes, $11,275,000 aggregate principal amount of Notes remain outstanding.
  • [F2]All 9,644,807 Ordinary Shares previously held by GSK were sold back to Theravance Biopharma pursuant to a Stock Repurchase Agreement dated September 16, 2022.

Issuer

Theravance Biopharma, Inc.

CIK 0001583107

Entity typeother
IncorporatedUnited Kingdom

Related Parties

1
  • filerCIK 0001131399

Filing Metadata

Form type
4
Filed
Sep 19, 8:00 PM ET
Accepted
Sep 20, 4:16 PM ET
Size
8.5 KB