Mark J. Casey - 16 Jun 2022 Form 4 Insider Report for Mallinckrodt plc

Reporting relationship: EVP & Chief Legal Officer
Issuer ticker: N/A
Reported as of: 16 Jun 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 21 Jun 2022, 18:12:57 UTC
Next SEC filing: 13 Dec 2023
Source filing: View source filing
Reporting owner signature: /s/ Mark J. Casey

Key filing fact

Mark J. Casey filed Form 4 for Mallinckrodt plc on 21 Jun 2022.

Key facts

This page summarizes Mark J. Casey's Form 4 filing for Mallinckrodt plc.
4 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 21 Jun 2022, 18:12.

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 non-derivative transactions

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

MNKPF transaction

Ordinary Shares

Disposed to Issuer

Transaction value: $0
Shares: -32,011
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F3

Reported derivative securities

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

MNKPF transaction Derivative

Employee Share Options (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -39,581
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 Jun 2022
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 39,581
Exercise price: $18.15
Footnotes: F1, F2, F3

MNKPF transaction Derivative

Employee Share Options (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -128,657
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 Jun 2022
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 128,657
Exercise price: $13.80
Footnotes: F1, F2, F3

MNKPF transaction Derivative

Employee Share Options (Right to Buy)

Disposed to Issuer

Transaction value: $0
Shares: -78,129
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 Jun 2022
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 78,129
Exercise price: $22.26
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On October 12, 2020, Mallinckrodt plc, an Irish public limited company in examination under Part 10 of the Companies Act 2014 of Ireland ("Mallinckrodt"), and certain of its subsidiaries voluntarily initiated proceedings under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). On February 3, 2022, the Bankruptcy Court issued an opinion (which was subsequently revised on February 8, 2022 to make minor corrections) stating its intention to confirm Mallinckrodt's Fourth Amended Joint Plan of Reorganization of Mallinckrodt Plc and Its Debtor Affiliates Under Chapter 11 of the Bankruptcy Code.

Footnote F2

(Continued from Footnote 1) On March 2, 2022, the Bankruptcy Court entered an order confirming the Fourth Amended Joint Plan of Reorganization (with Technical Modifications) of Mallinckrodt Plc and Its Debtor Affiliates Under Chapter 11 of the Bankruptcy Code (as amended, supplemented or otherwise modified, the "Plan"), and on June 16, 2022 (the "Effective Date"), the Plan became effective and Mallinckrodt emerged from bankruptcy.

Footnote F3

On the Effective Date, all of Mallinckrodt's previously outstanding ordinary shares (the "Ordinary Shares"), including options, warrants, rights, restricted stock units or other securities or agreements to acquire such ordinary shares, were cancelled and extinguished pursuant to the Plan.