R. David Hoover - Nov 30, 2021 Form 4 Insider Report for Elanco Animal Health Inc (ELAN)

Role
Director
Signature
/s/ Catherine Powell, as Attorney-in-Fact for R. David Hoover
Stock symbol
ELAN
Transactions as of
Nov 30, 2021
Transactions value $
$315,127
Form type
4
Date filed
12/2/2021, 04:16 PM
Previous filing
Nov 17, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELAN Common Stock Purchase $294K +10K +10.53% $29.38 105K Nov 30, 2021 Revocable Trust F1
transaction ELAN Common Stock Award $0 +7.31K +22.86% $0.00 39.3K Nov 30, 2021 Direct F2
holding ELAN Common Stock 15.9K Nov 30, 2021 Suzanne A. Hoover Revocable Trust

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 ELAN Deferred Stock Units Award $21.3K +742 +4.1% $28.74 18.9K Nov 30, 2021 Common Stock 742 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 10,000 shares of common stock of Elanco Animal Health Inc. purchased by the reporting person in multiple transactions on November 30, 2021 with purchase prices ranging from $29.3587 to $29.40 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
F2 Grant of deferred stock units as an annual equity award to each of the non-employee members of the Issuer's Board of Directors.
F3 Mr. Hoover elected to defer his director cash retainer fees pursuant to the Company's Directors' Deferral Plan (the "Plan") and such deferred fees were credited to the Elanco Deferred Stock Account under the Plan. Each Deferred Stock Unit is the economic equivalent of one share of Elanco common stock.
F4 The Deferred Stock Units will be settled in stock upon the reporting person's separation of service from the Company's Board of Directors pursuant to the Plan.
F5 The number of Deferred Stock Units issued is the amount of cash compensation deferred divided by the closing price of a share of Elanco common stock on the grant date, which was $28.74 on November 30, 2021.

Remarks:

Chairman of the Elanco Board of Directors