SEC Form 3 · accession 0001179110-17-007360
Allergan plc · AGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Princen
Officer — EVP and President Int'l Comml
Period of report
May 4, 2017
Accepted (ET)
May 16, 2017 · 9:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001578845
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares, par value $0.0001F1 | holding | — | — | — | 8,298 | D | ||
| Ordinary Shares, par value $0.0001F2 | holding | — | — | — | 3,492 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $192.81 | holding | — | — | — | — | Dec 16, 2021 | Ordinary Shares | 9,650 | — | D |
| Performance-Based Restricted Share UnitF4 | — | holding | — | — | — | — | — | Ordinary Shares | 5,186 | — | D |
| Performance-Based Restricted Share UnitF5 | — | holding | — | — | — | — | — | Ordinary Shares | 10,476 | — | D |
Explanation of responses
- F1Represents restricted share units which will vest as to one-third of the total grant on each of December 16, 2017, 2018 and 2019.
- F2Represents restricted share units which will vest as to twenty percent of the total grant on each of April 3, 2018, 2019, 2020, 2021 and 2022.
- F3Represents options which will vest as to twenty percent of the total grant on each of December 16, 2017, 2018, 2019, 2020 and 2021.
- F4Represents performance-based restricted share units ("PSUs") which will vest as to one-third of the total grant on each of December 31, 2017, 2018 and 2019, subject to the achievement by the Issuer of certain performance criteria. Each PSU represents a contingent right to receive a number of Ordinary Shares equal to the product of the applicable performance multiple and the target number of shares underlying the PSU, as set forth in the award agreement between the Issuer and the Reporting Person.
- F5Represents PSUs which will vest as to fifty percent of the total grant on each of December 31, 2020 and 2021, subject to the achievement by the Issuer of certain performance criteria. Each PSU represents a contingent right to receive a number of Ordinary Shares equal to the product of the applicable performance multiple and the target number of shares underlying the PSU, as set forth in the award agreement between the Issuer and the Reporting Person.