SEC Form 4 · accession 0000950103-17-007321

Innocoll Holdings plc · INNL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner

Period of report

Jul 24, 2017

Accepted (ET)

Jul 28, 2017 · 8:23 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001660484

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Ordinary Shares^F1	Jul 24, 2017	S$0	3,365,978	—	D	0	I	By Subsidiaries

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrants to purchase Ordinary Shares^F2	$7.39	Jul 24, 2017	E	795,980	D	Mar 16, 2016	Jun 15, 2019	Ordinary Shares	795,980	0	I

F1Pursuant to the terms of the Transaction Agreement by and among the Issuer, Gurnet Point L.P., a Delaware limited partnership acting through its general partner Waypoint International GP LLC ("Gurnet Point"), and Lough Ree Technologies Limited, an Irish private limited company and wholly-owned subsidiary of Gurnet Point (the "Transaction Agreement"), each Ordinary Share that was beneficially owned by the Reporting Person immediately prior to the effective time of the scheme (the "Effective Time") now represents the right to receive (i) $1.75 in cash and (ii) a contingent value right which represents a contractual right to receive payments up to a maximum aggregate amount of $4.90 in cash upon, and subject to, the occurrence of certain events, without interest and net of applicable tax withholdings (the "Consideration").
F2Reflects a cancellation without the receipt of consideration.