Terrance P. Coyne - Jul 12, 2023 Form 4 Insider Report for Royalty Pharma plc (RPRX)

Role
EVP & CFO
Signature
/s/ Sean Weisberg, as Attorney-in-Fact for Terrance P. Coyne
Stock symbol
RPRX
Transactions as of
Jul 12, 2023
Transactions value $
-$2,325,214
Form type
4
Date filed
7/14/2023, 06:09 PM
Previous filing
Nov 10, 2022
Next filing
Aug 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPRX Class A Ordinary Shares Sale -$1.17M -37.5K -3.99% $31.07 903K Jul 12, 2023 By TPC RP 2021, LLC F1
transaction RPRX Class A Ordinary Shares Sale -$1.16M -37.5K -4.16% $30.93 865K Jul 13, 2023 By TPC RP 2021, LLC F2
holding RPRX Class A Ordinary Shares 1.5K Jul 12, 2023 Direct
holding RPRX Class A Ordinary Shares 1.45K Jul 12, 2023 By Spouse
holding RPRX Class A Ordinary Shares 23.3K Jul 12, 2023 By IRA
holding RPRX Class A Ordinary Shares 24.2K Jul 12, 2023 By Spouse's IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.79 to $31.43 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.77 to $31.44 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

In addition to the holdings of Class A Ordinary Shares disclosed above, Mr. Coyne and family vehicles controlled by Mr. Coyne hold limited partnership interests in RPI US Partners 2019, LP and ICAI Interests that are exchangeable into 5,612,181 Class A Ordinary Shares.