SEC Form 4 · accession 0001209191-15-079484
Endo International plc · ENDP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Hyatt
Director
Period of report
Nov 11, 2015
Accepted (ET)
Nov 12, 2015 · 7:37 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001593034
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Nov 11, 2015 | M | 10,000 | $31.43 | A | 259,599 | D | |
| Ordinary SharesF1 | Nov 11, 2015 | S | 8,000 | $55.48 | D | 251,599 | D | |
| Ordinary SharesF2 | holding | — | — | — | 10,375 | I | In Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2004 Stock Incentive Plan Stock Options (NQ)F4,F3 | $31.43 | Nov 11, 2015 | M | 10,000 | D | — | Mar 13, 2016 | Ordinary Shares | 10,000 | 0 | D |
Explanation of responses
- F1This represents the average price per share of ordinary shares that Mr. Hyatt sold on the open market on November 11, 2015 at prices ranging from $55.36 to $55.64.
- F2This number represents ordinary shares indirectly held by Mr. Hyatt. These ordinary shares are held in trusts for which Mr. Hyatt serves as trustee and holds either sole or shared power of disposition and vote.
- F3Mr. Hyatt's stock options that were granted under the 2004 Stock Incentive Plan on March 13, 2006 were generally exercisable 25% per year on March 13, 2007, March 13, 2008, March 13, 2009, and March 13, 2010.
- F4These securities were granted to Mr. Hyatt in 2006 in consideration of his services on the Endo Health Solutions Inc. Board of Directors.