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

Role: Executive Vice President
Signature: /s/ Denis Butkovic, Attorney-in-Fact
Issuer symbol: AMRX
Transactions as of: 01 Mar 2024
Net 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
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMRX	Class A Common Stock	Options Exercise		+31,371	+12%		291,217	01 Mar 2024	Direct	F1, F2
transaction	AMRX	Class A Common Stock	Tax liability	$88,718	-16,219	-5.6%	$5.47	274,998	01 Mar 2024	Direct	F3
transaction	AMRX	Class A Common Stock	Options Exercise		+39,251	+14%		314,249	03 Mar 2024	Direct	F1, F2
transaction	AMRX	Class A Common Stock	Tax liability	$107,568	-19,665	-6.3%	$5.47	294,584	03 Mar 2024	Direct	F3
transaction	AMRX	Class A Common Stock	Options Exercise		+49,694	+17%		344,278	03 Mar 2024	Direct	F1, F2
transaction	AMRX	Class A Common Stock	Tax liability	$136,187	-24,897	-7.2%	$5.47	319,381	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	-31,371	-50%	$0.000000	31,371	01 Mar 2024	Class A Common Stock	31,371		Direct	F2, F4
transaction	AMRX	Restricted Stock Units	Options Exercise	$0	-39,251	-33%	$0.000000	78,503	03 Mar 2024	Class A Common Stock	39,251		Direct	F2, F5
transaction	AMRX	Restricted Stock Units	Options Exercise	$0	-49,694	-25%	$0.000000	149,083	03 Mar 2024	Class A Common Stock	49,694		Direct	F2, F6
transaction	AMRX	Restricted Stock Units	Award	$0	+152,778		$0.000000	152,778	04 Mar 2024	Class A Common Stock	152,778		Direct	F2, F7
transaction	AMRX	Performance-Based Restricted Stock Units	Award	$0	+305,556		$0.000000	305,556	04 Mar 2024	Class A Common Stock	305,556		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.