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Mallinckrodt plc
NONE
Total Value
$0
Company Information
- Company Name
- Mallinckrodt plc
- Ticker Symbol
- NONE
- CIK
- 0001567892
Insider Information
- Name
- Hussain Abbas
- Role
- Director
- Location
- HAZELWOOD, MO
Director
Filing Details
- Filing Date
- Aug 4, 2025
- Transaction Date
- Jul 31, 2025
- Accession Number
- 0001104659-25-073798
- Form Type
- 4
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| Jul 31, 2025 | Ordinary Shares | 12,036 | — | Exercise | — |
| Jul 31, 2025 | Ordinary Shares | 3,433 | — | Tax Withholding | — |
Derivative Transactions
| Date | Security | Shares | Exercise Price | Type | Value |
|---|---|---|---|---|---|
| Jul 31, 2025 | Derivative | 16,414 | — | Grant/Award | — |
| Jul 31, 2025 | Derivative | 9,850 | — | Disposition | — |
| Jul 31, 2025 | Derivative | 12,036 | — | Exercise | — |
Footnotes
- (F1)On July 31, 2025, pursuant to the Transaction Agreement, dated as of March 13, 2025 (as amended, the "Transaction Agreement"), by and among Mallinckrodt plc (the "Issuer"), Endo, Inc. ("Endo") and Salvare Merger Sub LLC, the Issuer's wholly owned subsidiary ("Merger Sub"), the Merger Sub merged with and into Endo (the "Business Combination"), with Endo surviving the Business Combination as a wholly owned subsidiary of the Issuer. Upon the reporting person's resignation as a director of the Issuer, effective as of immediately following the Merger Effective Time (as defined in the Transaction Agreement), each restricted unit (the "RSU") held by the reporting person automatically settled in ordinary shares of the Issuer at one share per RSU.
- (F2)The number of ordinary shares withheld to satisfy tax withholding obligations arising out of the vesting of RSUs is based on a percentage and did not take into account any market value as the Issuer's ordinary shares are not listed or quoted on a recognized trading market.
- (F3)Upon consummation of the Business Combination, each performance unit ("PSU") held by the reporting person automatically converted into an RSU.
- (F4)The reporting person entered into an agreement with the Issuer pursuant to which the reporting person forfeited the right to receive 9,850 RSUs that would otherwise have vested in exchange for a payment from the Issuer to facilitate the reporting person's ability to satisfy certain tax obligations related to the RSUs scheduled to vest.
- (F5)The number of RSUs forfeited is based on a percentage.