SEC Form 4 · accession 0001209191-18-020859
TEVA PHARMACEUTICAL INDUSTRIES LTD · TEVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hafrun Fridriksdottir
Officer — Executive VP, Global R&D
Period of report
Mar 17, 2018
Accepted (ET)
Mar 20, 2018 · 4:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000818686
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1,F2 | Mar 17, 2018 | M | 747 | — | A | 7,134 | D | |
| Ordinary SharesF1,F2 | Mar 17, 2018 | M | 265 | — | A | 7,399 | D | |
| Ordinary SharesF1,F4 | Mar 19, 2018 | S | 257 | $17.878 | D | 7,142 | D | |
| Ordinary SharesF1,F4 | Mar 19, 2018 | S | 91 | $17.878 | D | 7,051 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2,F5,F1 | — | Mar 17, 2018 | M | 747 | D | — | — | Ordinary Shares | 747 | 1,495 | D |
| Restricted Share UnitsF2,F6,F1 | — | Mar 17, 2018 | M | 265 | D | — | — | Ordinary Shares | 265 | 531 | D |
Explanation of responses
- F1The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
- F2Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share.
- F3Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the restricted share units listed in Table II.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.83 to $17.925, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F5Restricted share units were granted on August 2, 2016, with 747 vesting on each of March 17, 2018 and March 17, 2019 and 748 vesting on March 17, 2020.
- F6Restricted share units were granted on September 9, 2016, with 265 vesting on each of March 17, 2018 and March 17, 2019 and 266 vesting on March 17, 2020.