Frederick Munsch - Jun 1, 2021 Form 3 Insider Report for Bausch Health Companies Inc. (BHC)

Role
SVP, Controller and CAO
Signature
/s/ Kirsten O'Donnell, attorney-in-fact for Frederick Munsch
Stock symbol
BHC
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
3
Date filed
6/3/2021, 05:29 PM
Next filing
Nov 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BHC Common Shares, No Par Value 21.2K Jun 1, 2021 Direct F1, F2

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
holding BHC Non-Qualified Stock Options (right to purchase) Jun 1, 2021 Common Shares, No Par Value 8.05K $14.38 Direct F3
holding BHC Non-Qualified Stock Options (right to purchase) Jun 1, 2021 Common Shares, No Par Value 12.2K $15.32 Direct F3
holding BHC Non-Qualified Stock Options (right to purchase) Jun 1, 2021 Common Shares, No Par Value 8.51K $23.16 Direct F3
holding BHC Non-Qualified Stock Options (right to purchase) Jun 1, 2021 Common Shares, No Par Value 11.3K $24.77 Direct F3
holding BHC Non-Qualified Stock Options (right to purchase) Jun 1, 2021 Common Shares, No Par Value 6.68K $32.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 14,616 Restricted Share Units ("RSUs") which will vest, subject to the reporting person's continued service, as follows: (i) 891 RSUs on February 26, 2022; (ii) 974 RSUs on February 27, 2022; (iii) 892 RSUs on February 26, 2023; (iv) 5,322 RSUs granted on March 3, 2021 that will vest in equal installments on each of the first three anniversaries of the date of grant; and (v) 6,537 RSUs granted on May 3, 2021 that will vest in equal in equal installments on each of the first three anniversaries of the date of grant.
F2 Vested RSUs are settled in Common Shares, no par value, of the Issuer.
F3 Vests in equal installments on each of the first three anniversaries of the date of grant.