Robert Bailey A. - May 4, 2023 Form 4 Insider Report for Bausch & Lomb Corp (BLCO)

Role: EVP & Chief Legal Officer
Signature: /s/ Debra E. Levin, attorney-in-fact
Stock symbol: BLCO
Transactions as of: May 4, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/5/2023, 05:34 PM
Previous filing: Apr 26, 2023
Next filing: Mar 1, 2024

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	BLCO	Non-Qualified Stock Options (right to purchase)	Award	$0	+429K		$0.00	429K	May 4, 2023	Common Shares, No Par Value	429K	$17.50	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects an award of stock options to purchase common shares granted to the reporting person under the Amended and Restated Bausch + Lomb Corporation 2022 Omnibus Incentive Plan on May 4, 2023. Each stock option reflects the right to purchase one common share, subject to the terms of the Plan and the applicable award agreement. The stock options are scheduled to vest and become exercisable in equal installments on each of the first three anniversaries of the grant date, subject generally to the reporting person's continued employment through the applicable vesting date.

Content

Reflects an award of stock options to purchase common shares granted to the reporting person under the Amended and Restated Bausch + Lomb Corporation 2022 Omnibus Incentive Plan on May 4, 2023. Each stock option reflects the right to purchase one common share, subject to the terms of the Plan and the applicable award agreement. The stock options are scheduled to vest and become exercisable in equal installments on each of the first three anniversaries of the grant date, subject generally to the reporting person's continued employment through the applicable vesting date.