Finbar Larkin - 03 Mar 2023 Form 4 Insider Report for Jazz Pharmaceuticals plc (JAZZ)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Mar 2023, 20:33:21 UTC
Prior SEC filing
16 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/Adam Guttmann, as attorney in fact For: Finbar Larkin

Key filing fact

Finbar Larkin filed Form 4 for Jazz Pharmaceuticals plc (JAZZ) on 07 Mar 2023.

Key facts

  • This page summarizes Finbar Larkin's Form 4 filing for Jazz Pharmaceuticals plc (JAZZ).
  • 5 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 07 Mar 2023, 20:33.

Change

  • Previous filing in this sequence was filed on 16 Nov 2022.
  • Current net transaction value: -$437,430.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

JAZZ transaction

Ordinary Shares

Award

Transaction value
$0
Shares
+4,373
Change %
+22%
Price
$0.000000
Shares after
23,854
Date
03 Mar 2023
Ownership
Direct
Footnotes
F1, F2
JAZZ transaction

Ordinary Shares

Options Exercise

Transaction value
$100,176
Shares
+1,706
Change %
+7.2%
Price
$58.72
Shares after
25,560
Date
06 Mar 2023
Ownership
Direct
JAZZ transaction

Ordinary Shares

Sale

Transaction value
$245,526
Shares
-1,706
Change %
-6.7%
Price
$143.92
Shares after
23,854
Date
06 Mar 2023
Ownership
Direct
JAZZ transaction

Ordinary Shares

Sale

Transaction value
$292,081
Shares
-2,075
Change %
-8.7%
Price
$140.76
Shares after
21,779
Date
07 Mar 2023
Ownership
Direct
Footnotes
F3, F4

Reported derivative securities

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

JAZZ transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-1,706
Change %
-100%
Price
$0.000000*
Shares after
0
Date
06 Mar 2023
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
1,706
Exercise price
$58.72
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

These restricted stock units are granted pursuant to the Issuer's 2011 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one ordinary share upon the vesting of the unit. These units vest in equal annual installments over four years measured from the vesting commencement date of March 5, 2023, with 1/4th vesting on the first anniversary of the vesting commencement date and the remainder vesting in equal annual installments over the subsequent three years.

Footnote F2

Includes 72 ordinary shares acquired under a Section 423 Employee Stock Purchase Plan on November 30, 2022.

Footnote F3

Shares sold to satisfy tax obligations arising out of the vesting of previously granted restricted stock units.

Footnote F4

Reflects sales of ordinary shares executed in multiple transactions at prices ranging from $140.7578 to $140.7656 The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the sales were effected.

Footnote F5

These options were granted pursuant to the Issuer's 2011 Equity Incentive Plan. The ordinary shares subject to these options vested over four years measured from the grant date, May 3, 2013, with 1/4th vesting on April 9, 2014 and the remainder vesting in 36 equal monthly installments thereafter. The option is fully vested and exercisable as of the date of this Form.

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