Home/Filings/4/0000885590-12-000057
4//SEC Filing

Hall Susan 4

Accession 0000885590-12-000057

CIK 0000885590other

Filed

Sep 27, 8:00 PM ET

Accepted

Sep 28, 4:48 PM ET

Size

8.1 KB

Accession

0000885590-12-000057

Insider Transaction Report

Form 4
Period: 2012-09-26
Hall Susan
Global Head of R&D
Transactions
  • Exercise/Conversion

    Common Stock, no par values

    2012-09-26+20,69422,096 total
  • Exercise/Conversion

    Restricted Share Units

    2012-09-26+20,69420,694 total
    Exercise: $0.00Common Stock (20,694 underlying)
Footnotes (2)
  • [F1]This represents a one-time payout of common shares issued upon the accelerated vesting of performance-based RSUs ("PSUs") that were previously reported on the original Form 4. The initial grant was reported to vest based on total shareholder return (TSR) between a price of $26.51 starting on September 28, 2010 and the average stock price for the prior 20 trading days as of three measurement dates: 25% would vest on June 28, 2013, 50% on September 28, 2013 and 25% on December 28, 2013. Unit vesting is contingent on TSR performance between 15% and 45% into between one and three shares of common stock, respectively, with early vesting possible at higher TSR levels. Additional common shares pursuant to this award of PSUs may be earned upon the future achievement of TSR performance targets.
  • [F2]This number represents common shares purchased by the officer, common shares received upon settlement and/or exercise of previously granted equity awards, as well as other outstanding equity awards that were previously reported in Table 1.

Issuer

Valeant Pharmaceuticals International, Inc.

CIK 0000885590

Entity typeother

Related Parties

1
  • filerCIK 0001542052

Filing Metadata

Form type
4
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 4:48 PM ET
Size
8.1 KB