Jon Zinman - Feb 19, 2024 Form 4 Insider Report for Mallinckrodt plc (NONE)

Role
Director
Signature
/s/ Mark Tyndall, Attorney-in-Fact
Stock symbol
NONE
Transactions as of
Feb 19, 2024
Transactions value $
$0
Form type
4
Date filed
2/20/2024, 04:20 PM
Previous filing
Nov 22, 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 NONE Restricted Stock Units Award $0 -10.9K -50% $0.00 10.9K Feb 19, 2024 Ordinary Shares 10.9K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, each restricted stock unit (the "RSU") will be settled in ordinary shares of the issuer at one share per RSU.
F2 The RSUs will vest ratably on each of the first three anniversaries of January 1, 2024.
F3 The Reporting Person is an employee of Silver Point Capital, L.P. ("Silver Point"). Mr. Zinman has an understanding with Silver Point pursuant to which he will hold any compensation received as a director for the benefit of Silver Point and certain of its affiliates. Mr. Zinman disclaims beneficial ownership of any of the Issuer's securities held by Silver Point or its affiliates.

Remarks:

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