Maletta Matthew Joseph 4
4 · Endo International plc · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Maletta Matthew Joseph
EVP, CLO & Company Secretary
Transactions
- Tax Payment
Ordinary Shares
[F1][F2][F3]2020-02-21$6.19/sh−3,031$18,762→ 114,540 total - Tax Payment
Ordinary Shares
[F4][F2][F5]2020-02-23$6.19/sh−400$2,476→ 115,558 total - Exercise/Conversion
Stock Incentive Plan Performance Share Units
[F6][F7][F8]2020-02-25−32,221→ 140,490 total - Exercise/Conversion
Ordinary Shares
[F6][F9]2020-02-25+29,527→ 145,085 total - Tax Payment
Ordinary Shares
[F6][F10][F3]2020-02-25$6.19/sh−8,333$51,581→ 136,752 total
Footnotes (10)
- [F1]Thirty-three and one-third percent (33 1/3%) of Mr. Maletta's February 21, 2017 grant of restricted stock units (RSUs) vested on February 21, 2020.
- [F10]These shares represent stock withheld by Endo International plc to satisfy Mr. Maletta's tax withholding obligations on shares acquired upon vesting of performance share units.
- [F2]These shares represent stock withheld by Endo International plc to satisfy Mr. Maletta's tax withholding obligations on shares acquired upon vesting of RSUs.
- [F3]Represents the vesting price which is the average of the high and low share price on February 21, 2020.
- [F4]Twenty-five percent (25%) of Mr. Maletta's February 23, 2016 grant of RSUs vested on February 23, 2020.
- [F5]Represents the vesting price which is the average of the high and low share price on February 21, 2020, the last trading day prior to vesting.
- [F6]On February 25, 2020, based on performance against target levels with respect to Mr. Maletta's February 21, 2017 grant of performance share units, these awards were released and the performance share units were converted into 29,527 ordinary shares. Of this amount, 8,333 ordinary shares were withheld by Endo International plc to satisfy Mr. Maletta's tax withholding obligations on shares acquired upon vesting, with the remainder transferred to Mr. Maletta.
- [F7]Represents the target number of shares issuable upon Endo International plc's achievement of both: (a) shareholder return performance metrics over a cumulative three-year period and (b) free cash flow performance metrics over three successive one-year periods, each as determined by Endo International plc's Board of Directors at the end of such periods.
- [F8]These securities were granted to Mr. Maletta in consideration of his services as the Executive Vice President and Chief Legal Officer of Endo International plc.
- [F9]This represents the automatic conversion of performance share units granted to Mr. Maletta on February 21, 2017 to ordinary shares of Endo International plc pursuant to the terms of the underlying award agreement.
Signature
/s/ Yoon Ah Oh, by power of attorney|2020-02-25