Joseph C. Papa - Feb 26, 2022 Form 4 Insider Report for Bausch Health Companies Inc. (BHC)

Role
Chairman & CEO, Director
Signature
/s/ Christina Ackerman, attorney-in-fact
Stock symbol
BHC
Transactions as of
Feb 26, 2022
Transactions value $
-$8,279,611
Form type
4
Date filed
3/2/2022, 08:38 PM
Previous filing
Nov 16, 2021
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHC Common Shares, No Par Value Options Exercise +208K +20.19% 1.24M Feb 27, 2022 Direct F1, F2
transaction BHC Common Shares, No Par Value Tax liability -$2.44M -100K -8.1% $24.35 1.14M Feb 27, 2022 Direct F3
transaction BHC Common Shares, No Par Value Tax liability -$321K -13.2K -1.16% $24.35 1.13M Feb 26, 2022 Direct F4
transaction BHC Common Shares, No Par Value Tax liability -$322K -13.2K -1.17% $24.35 1.11M Feb 27, 2022 Direct F5
transaction BHC Common Shares, No Par Value Tax liability -$123K -5.12K -0.46% $24.06 1.11M Feb 28, 2022 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BHC Restricted Share Units Award +208K 0 Feb 27, 2022 Common Shares, No Par Value 208K Direct F1, F2
transaction BHC Restricted Share Units Options Exercise -$5.07M -208K -100% $24.35 0 Feb 27, 2022 Common Shares, No Par Value 0 $24.35 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting and conversion of performance-based Restricted Share Units ("PSUs"), previously granted to the reporting person, into common shares, no par value ("Common Shares") of the Issuer.
F2 Each PSU converts into Common Shares on a one-for-one basis
F3 This number represents Common Shares withheld to satisfy the tax withholding obligations due upon vesting of PSUs.
F4 This number represents Common Shares withheld to satisfy the tax withholding obligations due upon vesting of Restricted Share Units ("RSUs").
F5 This number represents Common Shares withheld to satisfy the tax withholding obligations due upon vesting of RSUs.
F6 This number represents Common Shares withheld to satisfy the tax withholding obligations due upon vesting of RSUs.