SEC Form 4 · accession 0001209191-16-110482
Horizon Pharma plc · HZNP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul W. Hoelscher
Officer — EVP, CFO
Period of report
Mar 23, 2016
Accepted (ET)
Mar 24, 2016 · 6:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001492426
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | Mar 23, 2016 | M | 31,000 | — | A | 43,362 | D | |
| Ordinary Shares | Mar 23, 2016 | F | 9,641 | $16.32 | D | 33,721 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Mar 23, 2016 | M | 31,000 | D | — | — | Ordinary Shares | 31,000 | 93,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
- F2Includes 1,161 ordinary shares of the Issuer acquired by the reporting person on December 1, 2015 pursuant to an employee stock purchase program.
- F3On March 23, 2015, the reporting person was granted 124,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.