SEC Form 4 · accession 0000899243-18-006549
Mylan N.V. · MYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Heather M Bresch
Officer — Chief Executive Officer · Director
Period of report
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 8:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001623613
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Mar 3, 2018 | M | 20,142 | $0.00 | A | 510,917 | D | |
| Ordinary SharesF1 | Mar 3, 2018 | F | 8,985 | $40.97 | D | 501,932 | D | |
| Ordinary Shares | Mar 4, 2018 | M | 8,554 | $0.00 | A | 510,486 | D | |
| Ordinary SharesF2 | Mar 4, 2018 | F | 3,816 | $40.97 | D | 506,670 | D | |
| Ordinary Shares | Mar 4, 2018 | M | 57,738 | $0.00 | A | 564,408 | D | |
| Ordinary SharesF3 | Mar 4, 2018 | F | 25,754 | $40.97 | D | 538,654 | D | |
| Ordinary Shares | holding | — | — | — | 1,157 | I | By 401(k) Plan | |
| Ordinary Shares | holding | — | — | — | 82,231 | I | By Grantor Retained Annuity Trust | |
| Ordinary Shares | holding | — | — | — | 200,000 | I | By Grantor Retained Annuity Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option-Right to BuyF4 | $40.97 | Mar 2, 2018 | A | 108,592 | A | — | Mar 2, 2028 | Ordinary Shares | 108,592 | 108,592 | D |
| Restricted Stock UnitsF5 | $0.00 | Mar 2, 2018 | A | 66,635 | A | — | — | Ordinary Shares | 66,635 | 66,635 | D |
| Restricted Stock UnitsF6 | $0.00 | Mar 3, 2018 | M | 20,142 | D | — | — | Ordinary Shares | 20,142 | 40,283 | D |
| Restricted Stock UnitsF7 | $0.00 | Mar 4, 2018 | M | 8,554 | D | — | — | Ordinary Shares | 8,554 | 0 | D |
| Performance Restricted Stock UnitsF8 | $0.00 | Mar 4, 2018 | M | 57,738 | D | — | — | Ordinary Shares | 57,738 | 0 | D |
Explanation of responses
- F1Represents withholding of ordinary shares for the tax liability associated with the vesting and settlement of a portion of the restricted stock units (RSUs) granted on March 3, 2017.
- F2Represents withholding of ordinary shares for the tax liability associated with the vesting and settlement of a portion of the RSUs granted on November 17, 2015.
- F3Represents withholding of ordinary shares for the tax liability associated with the vesting and settlement of the performance restricted stock units (PRSUs) granted on November 17, 2015.
- F436,198 of the options will vest on March 2, 2019, and 36,197 will vest on each of March 2, 2020 and March 2, 2021. The options expire on March 2, 2028.
- F5Each RSU represents the right to receive one ordinary share of Mylan N.V. 22,212 of the RSUs will vest on March 2, 2019, 22,211 will vest on March 2, 2020, and 22,212 will vest on March 2, 2021.
- F6Each RSU represents the right to receive one ordinary share of Mylan N.V. 20,142 of the RSUs granted on March 3, 2017 vested on March 3, 2018, 20,141 will vest on March 3, 2019, and 20,142 will vest on March 3, 2020.
- F7Each RSU represents the right to receive one ordinary share of Mylan N.V. 8,554 of the RSUs granted on November 17, 2015 vested on each of March 4, 2016, March 4, 2017, and March 4, 2018.
- F8Each PRSU represents the right to receive one ordinary share of Mylan N.V. The PRSUs were initially granted on November 17, 2015, subject to the attainment of previously established two-year performance goals and a vesting period. The PRSUs fully vested on March 4, 2018.