Timothy P. Walbert - Dec 30, 2022 Form 4 Insider Report for Horizon Therapeutics Public Ltd Co (HZNP)

Role
Chairman, President and CEO, Director
Signature
/s/ Patrick McIlvenny, Attorney-in-Fact
Stock symbol
HZNP
Transactions as of
Dec 30, 2022
Transactions value $
-$6,042,097
Form type
4
Date filed
1/4/2023, 03:21 PM
Previous filing
Dec 29, 2022
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HZNP Ordinary Shares Options Exercise +15.2K +36.86% 56.4K Dec 30, 2022 By Spouse F1
transaction HZNP Ordinary Shares Tax liability -$766K -6.73K -11.93% $113.80 49.7K Dec 30, 2022 By Spouse
transaction HZNP Ordinary Shares Options Exercise +104K +23.98% 540K Jan 1, 2023 Direct F1
transaction HZNP Ordinary Shares Tax liability -$5.28M -46.4K -8.58% $113.80 494K Jan 1, 2023 Direct
holding HZNP Ordinary Shares 108K Dec 30, 2022 See Footnote F2
holding HZNP Ordinary Shares 100K Dec 30, 2022 See Footnote F3

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 (RSUs) Options Exercise $0 -3.39K -100% $0.00* 0 Dec 30, 2022 Ordinary Shares 3.39K By Spouse F1, F4
transaction HZNP Restricted Stock Units (RSUs) Options Exercise $0 -4.66K -50% $0.00 4.66K Dec 30, 2022 Ordinary Shares 4.66K By Spouse F1, F5
transaction HZNP Restricted Stock Units (RSUs) Options Exercise $0 -7.14K -33.33% $0.00 14.3K Dec 30, 2022 Ordinary Shares 7.14K By Spouse F1, F6
transaction HZNP Performance Restricted Stock Units (PSUs) Options Exercise $0 -104K -100% $0.00* 0 Jan 1, 2023 Ordinary Shares 104K Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each PSU/RSU represents a contingent right to receive one ordinary share of the Issuer.
F2 The shares are held by the Timothy P. Walbert 2021 Gift Trust, of which the Reporting Person's spouse is the Trustee and beneficiary.
F3 The shares are held by the Keli B. Walbert 2021 Gift Trust, of which the Reporting Person is the Trustee. The beneficiaries of the Trust include the Reporting Person and his descendants.
F4 The final tranche of ordinary shares subject to the RSU vested on December 30, 2022.
F5 The remaining ordinary shares subject to the RSU vest on January 5, 2024.
F6 The remaining ordinary shares subject to the RSU vest ratably on January 5, 2024 and January 5, 2025.
F7 The ordinary shares subject to the PSU vested on January 1, 2023.