Paul Bisaro - Jan 3, 2023 Form 4 Insider Report for Mallinckrodt plc (MNK)

Role
Director
Signature
/s/ Mark Tyndall, Attorney-in-Fact
Stock symbol
MNK
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 05:03 PM
Previous filing
Nov 1, 2022
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNK Ordinary Shares Award $0 +39.1K +127.15% $0.00 69.8K Jan 3, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported ordinary shares represent restricted stock units ("RSUs"), which will be settled in an equal number of MNK ordinary shares and will vest ratably on each of the first two anniversaries of MNK's emergence from Chapter 11 proceedings on June 16, 2022.
F2 The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes the 39,083 newly awarded RSUs and 30,737 RSUs previously reported in Table II.

Remarks:

Exhibit 24 - Power of Attorney This Form 4 constitutes a notice to the Issuer for purposes of Part V of the Companies Act 2014.