SEC Form 4 · accession 0000899243-18-006551
Mylan N.V. · MYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rajiv Malik
Officer — President · Director
Period of report
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 8:27 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 SharesF1 | Mar 2, 2018 | S | 50,000 | $40.9139 | D | 503,751 | D | |
| Ordinary Shares | Mar 3, 2018 | M | 12,395 | $0.00 | A | 516,146 | D | |
| Ordinary SharesF2 | Mar 3, 2018 | F | 5,472 | $40.97 | D | 510,674 | D | |
| Ordinary Shares | Mar 4, 2018 | M | 5,264 | $0.00 | A | 515,938 | D | |
| Ordinary SharesF3 | Mar 4, 2018 | F | 2,324 | $40.97 | D | 513,614 | D | |
| Ordinary Shares | Mar 4, 2018 | M | 35,532 | $0.00 | A | 549,146 | D | |
| Ordinary SharesF4 | Mar 4, 2018 | F | 14,977 | $40.97 | D | 534,169 | D | |
| Ordinary Shares | holding | — | — | — | 250,000 | 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 BuyF5 | $40.97 | Mar 2, 2018 | A | 71,600 | A | — | Mar 2, 2028 | Ordinary Shares | 71,600 | 71,600 | D |
| Restricted Stock UnitsF6 | $0.00 | Mar 2, 2018 | A | 43,935 | A | — | — | Ordinary Shares | 43,935 | 43,935 | D |
| Restricted Stock UnitsF7 | $0.00 | Mar 3, 2018 | M | 12,395 | D | — | — | Ordinary Shares | 12,395 | 24,790 | D |
| Restricted Stock UnitsF8 | $0.00 | Mar 4, 2018 | M | 5,264 | D | — | — | Ordinary Shares | 5,264 | 0 | D |
| Performance Restricted Stock UnitsF9 | $0.00 | Mar 4, 2018 | M | 35,532 | D | — | — | Ordinary Shares | 35,532 | 0 | D |
Explanation of responses
- F1Represents the weighted average price of the reporting person's disposition of 50,000 shares in transactions ranging from $40.78 to $41.13. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of ordinary shares sold at each separate price within the range set forth in this footnote.
- F2Represents 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.
- F3Represents 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.
- F4Represents 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.
- F523,867 of the options will vest on March 2, 2019, 23,866 will vest on March 2, 2020, and 23,867 will vest on March 2, 2021. The options expire on March 2, 2028.
- F6Each RSU represents the right to receive one ordinary share of Mylan N.V. The RSUs vest in three equal annual installments beginning on March 2, 2019.
- F7Each RSU represents the right to receive one ordinary share of Mylan N.V. 12,395 of the RSUs granted on March 3, 2017 vested on March 3, 2018, and 12,395 will vest on each of March 3, 2019 and March 3, 2020.
- F8Each RSU represents the right to receive one ordinary share of Mylan N.V. 5,264 of the RSUs granted on November 17, 2015 vested on each of March 4, 2016, March 4, 2017, and March 4, 2018.
- F9Each 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.