James R. Sulat - Jul 1, 2022 Form 4 Insider Report for Mallinckrodt plc (MNKTQ)

Role
Director
Signature
/s/ Mark J. Casey, Attorney-in-Fact
Stock symbol
MNKTQ
Transactions as of
Jul 1, 2022
Transactions value $
$0
Form type
4
Date filed
7/6/2022, 09:08 PM
Previous filing
Jun 24, 2022
Next filing
Sep 14, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MNKTQ Restricted Stock Units Award $0 +48.8K $0.00 48.8K Jul 1, 2022 Ordinary Shares 48.8K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The grant of restricted stock units vests in equal installments on each of the first and second anniversaries of the date of Mallinckrodt plc's emergence from bankruptcy (June 16, 2022). Each restricted stock unit represents one Ordinary Share, and may be redeemed in either cash or stock.

Remarks:

This Form 4 constitutes a notice to the Issuer for purposes of Part V of the Companies Act 2014.