Robert Spurr - May 10, 2022 Form 4 Insider Report for Bausch Health Companies Inc. (BHC)

Role
President, U.S. Businesses
Signature
/s/ Brianna M. Cetrulo, attorney-in-fact
Stock symbol
BHC
Transactions as of
May 10, 2022
Transactions value $
-$209,009
Form type
4
Date filed
5/12/2022, 09:03 PM
Previous filing
Apr 15, 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 +8.64K +9.55% 99.1K May 10, 2022 Direct F1, F3
transaction BHC Common Shares, No Par Value Options Exercise +13.6K +13.71% 113K May 10, 2022 Direct F2, F3

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 +8.64K 0 May 10, 2022 Common Shares, No Par Value 8.64K Direct F1, F3
transaction BHC Restricted Share Units Options Exercise -$81.2K -8.64K -100% $9.40 0 May 10, 2022 Common Shares, No Par Value 0 Direct F1, F3
transaction BHC Restricted Share Units Award +13.6K 0 May 10, 2022 Common Shares, No Par Value 13.6K Direct F2, F3
transaction BHC Restricted Share Units Options Exercise -$128K -13.6K -100% $9.40 0 May 10, 2022 Common Shares, No Par Value 0 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an award of performance-based Restricted Share Units ("PSUs"), previously granted to the reporting person on February 26, 2020, that was earned upon the certification of performance metrics applicable to such PSUs. The earned PSUs will vest on February 26, 2023, subject to the reporting person's continuous service.
F2 Reflects an award of PSUs, previously granted to the reporting person on March 3, 2021, that was earned upon the certification of performance metrics applicable to such PSUs. The earned PSUs will vest on March 3, 2023, subject to the reporting person's continuous service.
F3 Each PSU converts into common shares, no par value, of the Issuer on a one-for-one basis.