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

Role
Chairman, President and CEO, Director
Signature
/s/ Patrick McIlvenny, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
30 Dec 2022
Net transactions value
-$6,042,097
Form type
4
Filing time
04 Jan 2023, 15:21:41 UTC
Previous filing
29 Dec 2022
Next filing
06 Jan 2023
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 +15,185 +37% 56,385 30 Dec 2022 By Spouse F1
transaction HZNP Ordinary Shares Tax liability $765,760 -6,729 -12% $113.80 49,656 30 Dec 2022 By Spouse
transaction HZNP Ordinary Shares Options Exercise +104,498 +24% 540,324 01 Jan 2023 Direct F1
transaction HZNP Ordinary Shares Tax liability $5,276,337 -46,365 -8.6% $113.80 493,959 01 Jan 2023 Direct
holding HZNP Ordinary Shares 107,739 30 Dec 2022 See Footnote F2
holding HZNP Ordinary Shares 100,300 30 Dec 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 -3,387 -100% $0.000000* 0 30 Dec 2022 Ordinary Shares 3,387 By Spouse F1, F4
transaction HZNP Restricted Stock Units (RSUs) Options Exercise $0 -4,657 -50% $0.000000 4,657 30 Dec 2022 Ordinary Shares 4,657 By Spouse F1, F5
transaction HZNP Restricted Stock Units (RSUs) Options Exercise $0 -7,141 -33% $0.000000 14,283 30 Dec 2022 Ordinary Shares 7,141 By Spouse F1, F6
transaction HZNP Performance Restricted Stock Units (PSUs) Options Exercise $0 -104,498 -100% $0.000000* 0 01 Jan 2023 Ordinary Shares 104,498 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.