Jeffrey W. Sherman - 04 Jan 2022 Form 4 Insider Report for Horizon Therapeutics Public Ltd Co

Role
EVP and Chief Medical Officer
Signature
/s/ Miles W. McHugh, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
04 Jan 2022
Net transactions value
$0
Form type
4
Filing time
06 Jan 2022, 19:57:04 UTC
Previous filing
29 Oct 2021
Next filing
24 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HZNP Ordinary Shares Gift $0 -10,729 -54% $0.000000 9,115 08 Nov 2021 Direct
transaction HZNP Ordinary Shares Gift $0 +10,729 +40% $0.000000 37,808 08 Nov 2021 See footnote F1
transaction HZNP Ordinary Shares Gift $0 -50 -0.13% $0.000000 37,758 13 Dec 2021 See footnote F1
transaction HZNP Ordinary Shares Options Exercise +52,570 +577% 61,685 05 Jan 2022 Direct F2
transaction HZNP Ordinary Shares Award $0 +32,301 +52% $0.000000 93,986 05 Jan 2022 Direct F3
transaction HZNP Ordinary Shares Tax liability $0 -37,675 -40% $0.000000 56,311 05 Jan 2022 Direct
holding HZNP Ordinary Shares 105,808 04 Jan 2022 See footnote F4
holding HZNP Ordinary Shares 66,730 04 Jan 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 +19,044 $0.000000 19,044 04 Jan 2022 Ordinary Shares 19,044 Direct F2, F5
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -12,261 -100% $0.000000* 0 05 Jan 2022 Ordinary Shares 12,261 Direct F2, F6
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -12,095 -50% $0.000000 12,095 05 Jan 2022 Ordinary Shares 12,095 Direct F2, F7
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -9,222 -50% $0.000000 9,223 05 Jan 2022 Ordinary Shares 9,222 Direct F2, F8
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -9,678 -67% $0.000000 4,834 05 Jan 2022 Ordinary Shares 9,678 Direct F2, F9
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -9,314 -33% $0.000000 18,628 05 Jan 2022 Ordinary Shares 9,314 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.