4//SEC Filing
Hale David Robert 4
Accession 0001418812-18-000038
CIK 0000885590other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 5:21 PM ET
Size
23.3 KB
Accession
0001418812-18-000038
Insider Transaction Report
Form 4
ValueAct Capital Master Fund, L.P.
DirectorOther
Transactions
- Tax Payment
Common Stock, no par value
2018-05-01$18.07/sh−3,794$68,558→ 21,612 total
Holdings
- 16,951,744(indirect: See Footnotes)
Common Stock, no par value
- 1,059,793(indirect: See Footnotes)
Common Stock, no par value
ValueAct Capital Management, L.P.
DirectorOther
Transactions
- Tax Payment
Common Stock, no par value
2018-05-01$18.07/sh−3,794$68,558→ 21,612 total
Holdings
- 16,951,744(indirect: See Footnotes)
Common Stock, no par value
- 1,059,793(indirect: See Footnotes)
Common Stock, no par value
ValueAct Capital Management, LLC
DirectorOther
Transactions
- Tax Payment
Common Stock, no par value
2018-05-01$18.07/sh−3,794$68,558→ 21,612 total
Holdings
- 16,951,744(indirect: See Footnotes)
Common Stock, no par value
- 1,059,793(indirect: See Footnotes)
Common Stock, no par value
ValueAct Co-Invest Master Fund, L.P.
DirectorOther
Transactions
- Tax Payment
Common Stock, no par value
2018-05-01$18.07/sh−3,794$68,558→ 21,612 total
Holdings
- 1,059,793(indirect: See Footnotes)
Common Stock, no par value
- 16,951,744(indirect: See Footnotes)
Common Stock, no par value
Hale David Robert
DirectorOther
Transactions
- Tax Payment
Common Stock, no par value
2018-05-01$18.07/sh−3,794$68,558→ 21,612 total
Holdings
- 1,059,793(indirect: See Footnotes)
Common Stock, no par value
- 16,951,744(indirect: See Footnotes)
Common Stock, no par value
ValueAct Holdings, L.P.
DirectorOther
Transactions
- Tax Payment
Common Stock, no par value
2018-05-01$18.07/sh−3,794$68,558→ 21,612 total
Holdings
- 16,951,744(indirect: See Footnotes)
Common Stock, no par value
- 1,059,793(indirect: See Footnotes)
Common Stock, no par value
VA Partners I, LLC
DirectorOther
Transactions
- Tax Payment
Common Stock, no par value
2018-05-01$18.07/sh−3,794$68,558→ 21,612 total
Holdings
- 16,951,744(indirect: See Footnotes)
Common Stock, no par value
- 1,059,793(indirect: See Footnotes)
Common Stock, no par value
ValueAct Holdings GP, LLC
DirectorOther
Transactions
- Tax Payment
Common Stock, no par value
2018-05-01$18.07/sh−3,794$68,558→ 21,612 total
Holdings
- 1,059,793(indirect: See Footnotes)
Common Stock, no par value
- 16,951,744(indirect: See Footnotes)
Common Stock, no par value
Footnotes (6)
- [F1]This number represents common shares withheld to satisfy the tax withholding obligations due upon vesting of Restricted Share Units.
- [F2]All board compensation accrues to the benefit of the investors in ValueAct Capital Master Fund, L.P.‎, and not to any individual. Under an agreement with ValueAct Capital, D. Robert Hale is deemed to hold the restricted share units for the benefit of the limited partners of ValueAct Capital Master Fund, L.P. and indirectly for (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P., (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P., (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the sole owner of the limited partnership interests of ValueAct Capital Management, L.P. and the membership interests of ValueAct Capital Management, LLC and as the majority owner of the membership interests of VA Partners I, LLC and (v) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P.
- [F3]Each reporting person listed herein disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F4]Reflects the transfer to ValueAct Capital Master Fund, L.P. of 12,803 shares, which were previously awarded to Mr. Hale on June 17, 2016 and 1,510 shares, which were previously awarded to Jeffrey W. Ubben on November 21, 2014, pursuant to the Issuer's director compensation policy. Under agreements with ValueAct Capital, Mssrs. Hale and Ubben held these shares for the benefit of the limited partners of ValueAct Capital Master Fund, L.P. and as such the vested shares have been transferred.
- [F5]The securities reported herein are directly beneficially owned by ValueAct Capital Master Fund, L.P. and may be deemed to be indirectly beneficially owned by (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P. , (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P. , (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the sole owner of the limited partnership interests of ValueAct Capital Management, L.P. and the membership interests of ValueAct Capital Management, LLC and as the majority owner of the membership interests of VA Partners I, LLC and (v) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P.
- [F6]The securities reported herein are directly beneficially owned by ValueAct Co-Invest Master Fund, L.P. and may be deemed to be indirectly beneficially owned by (i) VA Partners I, LLC as General Partner of ValueAct Co-Invest Master Fund, L.P. , (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Co-Invest Master Fund, L.P. , (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the sole owner of the limited partnership interests of ValueAct Capital Management, L.P. and the membership interests of ValueAct Capital Management, LLC and as the majority owner of the membership interests of VA Partners I, LLC and (v) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P.
Documents
Issuer
Valeant Pharmaceuticals International, Inc.
CIK 0000885590
Entity typeother
Related Parties
1- filerCIK 0001635643
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 5:21 PM ET
- Size
- 23.3 KB