Sec Form 4 Filing - BOYER ANDREW S @ Amneal Pharmaceuticals, Inc. - 2022-03-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
BOYER ANDREW S
2. Issuer Name and Ticker or Trading Symbol
Amneal Pharmaceuticals, Inc. [ AMRX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
C/O AMNEAL PHARMACEUTICALS, INC.
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2022
(Street)
BRIDGEWATER, NJ08807
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/01/2022 M 12,346( 1 ) A 178,836 D
Class A Common Stock 03/01/2022 F 6,192( 3 ) D $ 4.45 172,644 D
Class A Common Stock 03/01/2022 M 31,370( 1 ) A 204,014 D
Class A Common Stock 03/01/2022 F 15,733( 3 ) D $ 4.45 188,281 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 2 ) 03/01/2022 M 12,346 ( 4 ) ( 4 ) Class A Common Stock 12,346 $ 0 12,346 D
Restricted Stock Units ( 2 ) 03/01/2022 M 31,370 ( 5 ) ( 5 ) Class A Common Stock 31,370 $ 0 94,113 D
Restricted Stock Units ( 2 ) 03/03/2022 A 157,005 ( 6 ) ( 6 ) Class A Common Stock 157,005 $ 0 157,005 D
Performance-Based Restricted Stock Units ( 7 ) 03/03/2022 A 314,010( 8 ) ( 8 ) ( 8 ) Class A Common Stock 314,010( 8 ) $ 0 314,010( 8 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BOYER ANDREW S
C/O AMNEAL PHARMACEUTICALS, INC.
BRIDGEWATER, NJ08807
Executive Vice President
Signatures
/s/ Meredith Cook, Attorney-in-fact 03/03/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents the gross number of shares of common stock awarded to the reporting person in connection with the vesting of restricted stock units. The actual number of shares issued was reduced by the number of shares withheld to satisfy tax withholding obligations. See footnote 3.
( 2 )Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
( 3 )Represents shares of common stock withheld to satisfy tax withholding obligations relating to the vesting of restricted stock units.
( 4 )On March 1, 2019, the reporting person was granted 49,383 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date.
( 5 )On March 1, 2021, the reporting person was granted 125,483 restricted stock units, vesting in four equal installments beginning on the first anniversary of the grant date.
( 6 )The restricted stock units vest in four equal annual installments beginning on March 3, 2023.
( 7 )Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
( 8 )Represents a performance-based restricted stock unit grant of 157,005 target shares. The performance-based restricted stock units are scheduled to vest based on the Issuer's Class A Common Stock achieving certain average closing prices per share over a three-year performance period. The number of performance-based restricted stock units reported represents the maximum number of shares issuable under the award. The number that would be received upon vesting, if any, may vary from 0% to 200% of the target number. The number of performance-based restricted stock units reported in the table above represents the maximum number of shares issuable under the award. Any earned performance-based restricted stock units vest in full on February 28, 2025, the last day of the performance period.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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