Key facts
- This page summarizes Karen Ling's Form 4 filing for Mallinckrodt plc.
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 16 Nov 2023, 16:12.
Karen Ling - 14 Nov 2023 Form 4 Insider Report for Mallinckrodt plc
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 14 Nov 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 16 Nov 2023, 16:12:41 UTC
- Prior SEC filing
- 29 Jun 2023
- Next SEC filing
- 07 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Tyndall, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Karen Ling filed Form 4 for Mallinckrodt plc on 16 Nov 2023.
Change
- Previous filing in this sequence was filed on 29 Jun 2023.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MNKTQ
transaction
Ordinary Shares
Disposed to Issuer
- Transaction value
- $0
- Shares
- -23,122
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 14 Nov 2023
- Ownership
- Direct
- 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
Karen Ling 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 August 28, 2023, Mallinckrodt plc (the "Company") and certain of its subsidiaries voluntarily initiated proceedings under chapter 11 of title 11 of the United States Code in the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). On September 20, 2023, the Company's directors presented a petition before the High Court of Ireland (the "Irish High Court") seeking the appointment of an examiner (the "Examiner") to the Company, thereby commencing examinership proceedings with respect to the Company in Ireland.
Footnote F2
On October 10, 2023, the Bankruptcy Court entered an order confirming the First Amended Prepackaged Joint Chapter 11 Plan of Reorganization of Mallinckrodt Plc and Its Debtor Affiliates (as may be amended or supplemented from time to time in accordance with its terms, the "Plan"). On November 10, 2023, the Irish High Court made an order confirming a scheme of arrangement proposed by the Examiner that is based on and consistent in all respects with the Plan (the "Scheme"). On November 14, 2023 (the "Effective Date"), the Plan and the Scheme became effective and the Company emerged from bankruptcy.
Footnote F3
On the Effective Date, all of the Company'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 and the Scheme. In connection with emergence, the reporting person ceased to be a Section 16 reporting person. This Form 4 constitutes a notice to the Issuer for purposes of Part V of the Companies Act 2014.