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).
Id | Content |
---|---|
F1 | The Ordinary Shares may be represented by American Depositary Shares, each of which represents one Ordinary Share. |
F2 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan (the "Trading Plan") adopted by the Reporting Person. The sales are made in accordance with a trading schedule that is established at the time the Trading Plan is put in place. The Reporting Person entered into the Trading Plan during an open trading window of the Issuer pursuant to its Insider Trading Policy. |
F3 | The reported price in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $42.48 to $42.65 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. |
F4 | The reported amount reflects an adjustment to correct a clerical error in the Reporting Person's Form 4 filed on February 26, 2024, which resulted in the underreporting of the number of performance-based stock units by 105 shares. |
F5 | For more information about the equity of the Issuer held by the Reporting Person, please see the Issuer's most recent definitive proxy statement filed with the Securities and Exchange Commission. |