Jeffrey W. Sherman - Jan 4, 2022 Form 4 Insider Report for Horizon Therapeutics Public Ltd Co (HZNP)

Role
EVP and Chief Medical Officer
Signature
/s/ Miles W. McHugh, Attorney-in-Fact
Stock symbol
HZNP
Transactions as of
Jan 4, 2022
Transactions value $
$0
Form type
4
Date filed
1/6/2022, 07:57 PM
Previous filing
Oct 29, 2021
Next filing
Jan 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HZNP Ordinary Shares Gift $0 -10.7K -54.07% $0.00 9.12K Nov 8, 2021 Direct
transaction HZNP Ordinary Shares Gift $0 +10.7K +39.62% $0.00 37.8K Nov 8, 2021 See footnote F1
transaction HZNP Ordinary Shares Gift $0 -50 -0.13% $0.00 37.8K Dec 13, 2021 See footnote F1
transaction HZNP Ordinary Shares Options Exercise +52.6K +576.74% 61.7K Jan 5, 2022 Direct F2
transaction HZNP Ordinary Shares Award $0 +32.3K +52.36% $0.00 94K Jan 5, 2022 Direct F3
transaction HZNP Ordinary Shares Tax liability $0 -37.7K -40.09% $0.00 56.3K Jan 5, 2022 Direct
holding HZNP Ordinary Shares 106K Jan 4, 2022 See footnote F4
holding HZNP Ordinary Shares 66.7K Jan 4, 2022 By spouse

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 HZNP Restricted Stock Units (RSU) Award $0 +19K $0.00 19K Jan 4, 2022 Ordinary Shares 19K Direct F2, F5
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -12.3K -100% $0.00* 0 Jan 5, 2022 Ordinary Shares 12.3K Direct F2, F6
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -12.1K -50% $0.00 12.1K Jan 5, 2022 Ordinary Shares 12.1K Direct F2, F7
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -9.22K -50% $0.00 9.22K Jan 5, 2022 Ordinary Shares 9.22K Direct F2, F8
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -9.68K -66.69% $0.00 4.83K Jan 5, 2022 Ordinary Shares 9.68K Direct F2, F9
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -9.31K -33.33% $0.00 18.6K Jan 5, 2022 Ordinary Shares 9.31K Direct F2, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held in the Jeffrey W. Sherman Living Trust.
F2 Each RSU represents a contingent right to receive one ordinary share of the Issuer.
F3 On January 4, 2019, the reporting person was granted performance-based restricted stock units (PSUs) of the Issuer, which vest upon the satisfaction of certain performance criteria. On January 5, 2022, the PSUs vested as to the number of shares reported above.
F4 The shares are held in the name of the Jeffrey W. Sherman 2020 Gift Trust, of which the reporting person's spouse is the Trustee.
F5 The RSU's vest 1/3rd annually on each anniversary of January 5, 2022.
F6 The RSU's vest 1/3rd annually on each anniversary of January 5, 2019.
F7 The RSU's vest 1/3rd annually on each anniversary of January 5, 2020.
F8 50% of the shares subject to the RSU's vested on 1/5/2022, and the remaining shares vest on 1/5/2023.
F9 Two-thirds of the ordinary shares subject to the RSUs vest on January 5, 2022 and the remaining one-third of the ordinary shares vest on January 5, 2023.
F10 The RSU's vest 1/3rd annually on each anniversary of January 5, 2021.