Sven Dethlefs - Feb 28, 2023 Form 4 Insider Report for TEVA PHARMACEUTICAL INDUSTRIES LTD (TEVA)

Signature
/s/ Dov Bergwerk as attorney-in-fact for Sven Dethlefs
Stock symbol
TEVA
Transactions as of
Feb 28, 2023
Transactions value $
-$589,785
Form type
4
Date filed
3/2/2023, 06:33 AM
Previous filing
Feb 9, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TEVA Ordinary Shares Options Exercise +17.3K +10.49% 183K Feb 28, 2023 Direct F1, F2
transaction TEVA Ordinary Shares Sale -$171K -17.3K -9.49% $9.89 165K Feb 28, 2023 Direct F1, F3, F4
transaction TEVA Ordinary Shares Options Exercise +42.3K +25.58% 208K Feb 28, 2023 Direct F1, F2
transaction TEVA Ordinary Shares Sale -$418K -42.3K -20.37% $9.89 165K Feb 28, 2023 Direct F1, F3, F4

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 TEVA Restricted Share Units Options Exercise $0 -17.3K -50% $0.00 17.3K Feb 28, 2023 Ordinary Shares 17.3K Direct F1, F2, F5
transaction TEVA Restricted Share Units Options Exercise $0 -42.3K -100% $0.00* 0 Feb 28, 2023 Ordinary Shares 42.3K Direct F1, F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
F2 Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share.
F3 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.86 to $9.94, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 Restricted share units were granted on February 28, 2020 with 17,346 vested on each of February 28, 2021, February 28, 2022 and February 28, 2023, and 17,346 vesting on February 28, 2024.
F6 Restricted share units were granted on February 7, 2023 pursuant to the satisfaction of performance criteria and vested on February 28, 2023.