David W. Gryska - 05 May 2021 Form 4 Insider Report for GW PHARMACEUTICALS PLC

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 May 2021, 16:19:12 UTC
Next SEC filing
18 May 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David W. Gryska

Key filing fact

David W. Gryska filed Form 4 for GW PHARMACEUTICALS PLC on 07 May 2021.

Key facts

  • This page summarizes David W. Gryska's Form 4 filing for GW PHARMACEUTICALS PLC.
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 07 May 2021, 16:19.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GWPH transaction Derivative

Share Options

Disposed to Issuer

Transaction value
Shares
-35,208
Change %
-100%
Price
Shares after
0
Date
05 May 2021
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
35,208
Exercise price
$0.001700
Footnotes
F1, F2, F3
GWPH transaction Derivative

Share Options

Disposed to Issuer

Transaction value
Shares
-22,464
Change %
-100%
Price
Shares after
0
Date
05 May 2021
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
22,464
Exercise price
$0.001700
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

David W. Gryska is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On May 5, 2021, Jazz Pharmaceuticals Public Limited Company, a public limited company incorporated in the Republic of Ireland ("Jazz"), Jazz Pharmaceuticals UK Holdings Limited, a private limited company incorporated in England and Wales and an indirect wholly owned subsidiary of Jazz ("Bidco") and the DR Nominee (as defined in the Transaction Agreement) acquired all outstanding ordinary shares, par value British Pound Sterling 0.001 per share, of GW Pharmaceuticals plc, a public limited company incorporated in England and Wales (the "Company"), by means of a scheme of arrangement under Part 26 of the UK Companies Act 2006 (the "Scheme of Arrangement"). The transaction is more fully described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on March 15, 2021.

Footnote F2

Pursuant to the Transaction Agreement, dated as of February 3, 2021 (the "Transaction Agreement"), by and among the Company, Jazz and Bidco, these share options vested (to the extent unvested) and were canceled in connection with the closing of the transactions contemplated by the Transaction Agreement in exchange for an all-cash payment equal to the value of the share options based on the value of the transaction consideration.

Footnote F3

These stock options were granted with automatic vesting on exercisable date.

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