Form 4 for RPRX Royalty Pharma plc
Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-20 · accession 0001802768-24-000014 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-22 | 2024-02-20 | RPRX | RIGGS RORY B | Dir | C - Cnv Deriv | $0.00 | +300.0K | 320.1K | +1,493% | $0 |
| D | 2024-02-22 | 2024-02-20 | RPRX | RIGGS RORY B | Dir | C - Cnv Deriv | $0.00 | -30.0K | 270.0K | -10% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Ordinary Shares | 2024-02-20 | C | A | 300,000 | $0.00 | 320,099 | D | — | — | |
| 2 | Derivative | LP interests in RPI US Partners 2019, LP | 2024-02-20 | C | D | 30,000 | $0.00 | 270,000 | D | $0.00 · — to — | 30,000 Class A Ordinary Shares | (F1) These Class A Ordinary Shares will be received by the Reporting Person in exchange for limited partnership interests in RPI US Partners 2019, LP ("RPI US LP"). Each limited partnership interest in RPI US LP ("RPI US LP Interest") will be exchanged for ten Class B Interests in Royalty Pharma Holdings Limited ("Holdings"). Each Class B Interest in Holdings so distributed will be exchanged for one Class A Ordinary Share of the Issuer. This exchange will be made pursuant to the terms of the Exchange Agreement dated June 16, 2020, among the Issuer, Holdings, RPI US LP, RPI International Holdings 2019, LP, RPI International Partners 2019, LP and RPI EPA Holdings, LP (the "Exchange Agreement"). No additional value will be paid by the Reporting Person in connection with the exchange. (F2) 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. Upon such exchange, each Class B Interest in Holdings issued in exchange for a RPI US LP Interest will be exchanged for one Class A Ordinary Share of the Issuer for no additional value. |