Stephen Andrew Welch - 03 Apr 2023 Form 4 Insider Report for Mallinckrodt plc (MNK)

Role
EVP & Head of Spec Generics
Signature
/s/ Mark Tyndall, Attorney-in-Fact
Issuer symbol
MNK
Transactions as of
03 Apr 2023
Transactions value $
$0
Form type
4
Date filed
05 Apr 2023, 19:05
Previous filing
15 Mar 2023
Next filing
05 Jul 2023
SEC
View on sec.gov

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 MNK Restricted Stock Units Award $0 +80.8K $0.00 80.8K 03 Apr 2023 Ordinary Shares 80.8K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, each restricted stock unit (the "RSU") may be settled in the discretion of the issuer in cash or ordinary shares of the issuer at one share per RSU.
F2 The RSUs will vest ratably on each of the first three anniversaries of the grant date.

Remarks:

This Form 4 constitutes a notice to the Issuer for purposes of Part V of the Companies Act 2014