BARRY MOZE - 05 Jan 2022 Form 4 Insider Report for Horizon Therapeutics Public Ltd Co

Role
EVP, Chief Admin. Officer
Signature
/s/ Miles W. McHugh, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
05 Jan 2022
Net transactions value
-$5,075,807
Form type
4
Filing time
06 Jan 2022, 19:58:01 UTC
Previous filing
05 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HZNP Ordinary Shares Options Exercise +64,959 +86% 140,640 05 Jan 2022 Direct F1
transaction HZNP Ordinary Shares Award $0 +47,375 +34% $0.000000 188,015 05 Jan 2022 Direct F2
transaction HZNP Ordinary Shares Tax liability $5,075,807 -49,841 -27% $101.84 138,174 05 Jan 2022 Direct

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) Options Exercise $0 -24,650 -100% $0.000000* 0 05 Jan 2022 Ordinary Shares 24,650 Direct F1, F3
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -12,095 -50% $0.000000 12,095 05 Jan 2022 Ordinary Shares 12,095 Direct F1, F4
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -9,314 -33% $0.000000 18,628 05 Jan 2022 Ordinary Shares 9,314 Direct F1, F5
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -9,222 -50% $0.000000 9,223 05 Jan 2022 Ordinary Shares 9,222 Direct F1, F6
transaction HZNP Restricted Stock Units (RSU) Options Exercise $0 -9,678 -67% $0.000000 4,834 05 Jan 2022 Ordinary Shares 9,678 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one ordinary share of the Issuer.
F2 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.
F3 The RSU's vest 1/3rd annually on each anniversary of January 5, 2019.
F4 The RSU's vest 1/3rd annually on each anniversary of January 5, 2020.
F5 The RSU's vest 1/3rd annually on each anniversary of January 5, 2021.
F6 50% of the shares subject to the RSU's vested on 1/5/2022, and the remaining shares vest on 1/5/2023.
F7 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.