Pablo G. Legorreta - May 12, 2023 Form 4 Insider Report for Royalty Pharma plc (RPRX)

Role
CEO, Chairman of the Board, Director, 10%+ Owner
Signature
/s/ Sean Weisberg, as Attorney-in-Fact for Pablo G. Legorreta
Stock symbol
RPRX
Transactions as of
May 12, 2023
Transactions value $
$0
Form type
4
Date filed
5/15/2023, 09:34 PM
Previous filing
Feb 10, 2023
Next filing
May 17, 2023

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 RPRX ICAI Interests Gift $0 -10.3K -100% $0.00* 0 May 12, 2023 Limited Partnership interests in RPI US Partners 2019, LP 10.3K $0.00 By Spouse F1, F2, F3, F4
transaction RPRX ICAI Interests Gift $0 +10.3K +1.5% $0.00 693K May 12, 2023 Limited Partnership interests in RPI US Partners 2019, LP 10.3K $0.00 Direct F1, F2, F3, F4
holding RPRX ICAI Interests 1.01M May 12, 2023 Limited Partnership interests in RPI US Partners 2019, LP 1.01M $0.00 By Legorreta Investments LLC F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an exempt gift for no consideration of ICAI Interests from the reporting person's spouse to the reporting person.
F2 These ICAI Interests represent a beneficial interest in an equivalent number of limited partnership interests ("RPI US LP Interests") in RPI US Partners 2019, LP ("RPI US LP") and may be exchanged into RPI US LP Interests on a one-for-one basis currently. The ICAI Interests do not have an expiration date.
F3 Represents RPI US LP Interests. Each RPI US LP Interest can be exchanged for ten Class B Interests in Holdings at any time and for no additional value, which exchange right does not expire until so converted. Each Class B Interest in Holdings issued in exchange for a RPI US LP Interest will be exchanged upon such exchange for one Class A Ordinary Share of the Issuer for no additional value.
F4 Reflects the exempt change in the form of beneficial ownership without a change in the reporting person's pecuniary interest pursuant to Rule 16a-13 of certain ICAI Interests from being directly or indirectly owned by the reporting person through Legorreta Investments II LLC to being directly owned or indirectly owned through Legorreta Investments LLC and the reporting person's spouse.