Joseph C. Papa - 26 Feb 2022 Form 4 Insider Report for Bausch Health Companies Inc. (BHC)

Role
Chairman & CEO, Director
Signature
/s/ Christina Ackerman, attorney-in-fact
Issuer symbol
BHC
Transactions as of
26 Feb 2022
Transactions value $
-$8,279,611
Form type
4
Filing time
02 Mar 2022, 20:38:54 UTC
Previous filing
16 Nov 2021
Next filing
07 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHC Common Shares, No Par Value Options Exercise +208K +20.19% 1.24M 27 Feb 2022 Direct F1, F2
transaction BHC Common Shares, No Par Value Tax liability -$2.44M -100K -8.1% $24.35 1.14M 27 Feb 2022 Direct F3
transaction BHC Common Shares, No Par Value Tax liability -$321K -13.2K -1.16% $24.35 1.13M 26 Feb 2022 Direct F4
transaction BHC Common Shares, No Par Value Tax liability -$322K -13.2K -1.17% $24.35 1.11M 27 Feb 2022 Direct F5
transaction BHC Common Shares, No Par Value Tax liability -$123K -5.12K -0.46% $24.06 1.11M 28 Feb 2022 Direct F6

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 BHC Restricted Share Units Award +208K 0 27 Feb 2022 Common Shares, No Par Value 208K Direct F1, F2
transaction BHC Restricted Share Units Options Exercise -$5.07M -208K -100% $24.35 0 27 Feb 2022 Common Shares, No Par Value 0 $24.35 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting and conversion of performance-based Restricted Share Units ("PSUs"), previously granted to the reporting person, into common shares, no par value ("Common Shares") of the Issuer.
F2 Each PSU converts into Common Shares on a one-for-one basis
F3 This number represents Common Shares withheld to satisfy the tax withholding obligations due upon vesting of PSUs.
F4 This number represents Common Shares withheld to satisfy the tax withholding obligations due upon vesting of Restricted Share Units ("RSUs").
F5 This number represents Common Shares withheld to satisfy the tax withholding obligations due upon vesting of RSUs.
F6 This number represents Common Shares withheld to satisfy the tax withholding obligations due upon vesting of RSUs.