ANDREW S. BOYER - 01 Mar 2024 Form 4 Insider Report for Amneal Pharmaceuticals, Inc. (AMRX)

Signature
/s/ Denis Butkovic, Attorney-in-Fact
Issuer symbol
AMRX
Transactions as of
01 Mar 2024
Transactions value $
-$332,472
Form type
4
Filing time
05 Mar 2024, 16:40:49 UTC
Previous filing
29 Feb 2024
Next filing
16 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRX Class A Common Stock Options Exercise +31.4K +12.07% 291K 01 Mar 2024 Direct F1, F2
transaction AMRX Class A Common Stock Tax liability -$88.7K -16.2K -5.57% $5.47 275K 01 Mar 2024 Direct F3
transaction AMRX Class A Common Stock Options Exercise +39.3K +14.27% 314K 03 Mar 2024 Direct F1, F2
transaction AMRX Class A Common Stock Tax liability -$108K -19.7K -6.26% $5.47 295K 03 Mar 2024 Direct F3
transaction AMRX Class A Common Stock Options Exercise +49.7K +16.87% 344K 03 Mar 2024 Direct F1, F2
transaction AMRX Class A Common Stock Tax liability -$136K -24.9K -7.23% $5.47 319K 03 Mar 2024 Direct 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 AMRX Restricted Stock Units Options Exercise $0 -31.4K -50% $0.00 31.4K 01 Mar 2024 Class A Common Stock 31.4K Direct F2, F4
transaction AMRX Restricted Stock Units Options Exercise $0 -39.3K -33.33% $0.00 78.5K 03 Mar 2024 Class A Common Stock 39.3K Direct F2, F5
transaction AMRX Restricted Stock Units Options Exercise $0 -49.7K -25% $0.00 149K 03 Mar 2024 Class A Common Stock 49.7K Direct F2, F6
transaction AMRX Restricted Stock Units Award $0 +153K $0.00 153K 04 Mar 2024 Class A Common Stock 153K Direct F2, F7
transaction AMRX Performance-Based Restricted Stock Units Award $0 +306K $0.00 306K 04 Mar 2024 Class A Common Stock 306K Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the gross number of shares of common stock awarded to the reporting person in connection with the vesting of restricted stock units. The actual number of shares issued was reduced by the number of shares withheld to satisfy tax withholding obligations. See footnote 3.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 Represents shares of common stock withheld to satisfy tax withholding obligations relating to the vesting of restricted stock units.
F4 On March 1, 2021, the reporting person was granted 125,483 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date.
F5 On March 3, 2022, the reporting person was granted 157,005 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date.
F6 On March 3, 2023, the reporting person was granted 198,777 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date.
F7 The restricted stock units vest in four equal annual installments beginning on March 4, 2025.
F8 Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F9 Represents a performance-based restricted stock unit grant of 152,778 target shares. The performance-based restricted stock units are scheduled to vest based on the Issuer's Class A Common Stock achieving certain average closing price per share targets at the end of the three-year performance period. The number of shares that would be received upon vesting, if any, may vary from 0% to 200% of the target number. The number of performance-based restricted stock units reported in the table above represents the maximum number of shares issuable under the award. Any earned performance-based restricted stock units vest in full on February 28, 2027, the last day of the performance period.