SEC Form 4 · accession 0000899243-19-006194
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 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:06 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 1, 2019 | D | 378,071 | $0.00 | D | 362,011 | D | |
| Ordinary Shares | Mar 2, 2019 | M | 22,212 | $0.00 | A | 384,223 | D | |
| Ordinary SharesF2 | Mar 2, 2019 | F | 9,862 | $27.45 | D | 374,361 | D | |
| Ordinary Shares | Mar 3, 2019 | M | 20,142 | $0.00 | A | 394,503 | D | |
| Ordinary SharesF3 | Mar 3, 2019 | F | 8,943 | $27.45 | D | 385,560 | D | |
| Ordinary Shares | holding | — | — | — | 1,157 | I | By 401(k) Plan | |
| Ordinary Shares | holding | — | — | — | 115,178 | 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 | $27.45 | Mar 1, 2019 | A | 91,384 | A | — | Mar 1, 2029 | Ordinary Shares | 91,384 | 91,384 | D |
| Restricted Stock UnitsF5 | $0.00 | Mar 1, 2019 | A | 153,006 | A | — | — | Ordinary Shares | 153,006 | 153,006 | D |
| Restricted Stock UnitsF6 | $0.00 | Mar 2, 2019 | M | 22,212 | D | — | — | Ordinary Shares | 22,212 | 44,423 | D |
| Restricted Stock UnitsF7 | $0.00 | Mar 3, 2019 | M | 20,142 | D | — | — | Ordinary Shares | 20,142 | 20,141 | D |
Explanation of responses
- F1Represents forfeiture of unvested restricted ordinary shares received under the One-Time Special Performance-Based Five-Year Realizable Value Incentive Program as a result of the applicable performance conditions not having been met.
- 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 2, 2018.
- F3Represents withholding of ordinary shares for the tax liability associated with the vesting and settlement of a portion of the RSUs granted on March 3, 2017.
- F430,462 of the options will vest on March 2, 2020, and 30,461 will vest on each of March 2, 2021 and March 2, 2022. The options expire on March 1, 2029.
- F5Each 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, 2020.
- F6Each RSU represents the right to receive one ordinary share of Mylan N.V. 22,212 of the RSUs granted on March 2, 2018 vested on March 2, 2019, 22,211 will vest on March 2, 2020, and 22,212 will vest on March 2, 2021.
- F7Each 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, 20,142 vested on March 3, 2019, and 20,141 will vest on March 3, 2020.