Gautam Patel Transfers Shares of Amneal Pharmaceuticals Inc (AMRX) — SEC Form 4, Nov 08, 2023

SEC Form 4 · No Market Transaction
Other Transaction

Non-market transaction reported.

Reporting Owner
Director 10% Owner
TXN 2023-11-07 · FILED 2023-11-08
Equity Position 30.8M sh 13,261,751 → 30,759,087
Equity Change +131.9% shares held after vs before
Filing Lag 1 business day within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2023-11-08
Report Date
2023-11-07
Accession No.
0001209191-23-054741
Accepted At
2023-11-08 23:21 UTC
Reporting Owner
Name Relationship
Gautam Patel CIK 0001738054
Director 10% Owner
Gautam Patel at Amneal Pharmaceuticals Inc Full insider history
Bought (12 mo) —
Sold (12 mo) —
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Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Class A Common StockF1F2F3 2023-11-07 J - Other 17,497,336 A — 30,384,769 Indirect See Footnote
Derivative Securities Transactions
Title Strike Date Type Shares Price Expiration Underlying Ownership
Class B Common Stock and Common UnitsF4F2F2F2F2F3 2023-11-07 J - Other 17,497,336 D 17,497,336 Class A Common Stock Indirect See Footnote
Non-Derivative Holdings
Title Shares Held Ownership
Class A Common StockF1 374,318 Direct
Footnotes (4)
F1
On November 7, 2023, Amneal Pharmaceuticals, Inc. (formerly known as Amneal NewCo Inc.) (the "Issuer") became the successor of Amneal Intermediate Inc. (formerly known as Amneal Pharmaceuticals, Inc.) ("Old PubCo") pursuant to merger transactions, in which a subsidiary of the Issuer merged with and into Old PubCo with Old PubCo surviving and, immediately following such merger, a subsidiary of the Issuer merged with and into Amneal Pharmaceuticals, LLC ("AP"), an indirect subsidiary of the Issuer, with AP surviving. The transactions resulted in the Issuer becoming a parent holding company of Old PubCo and AP. As a result of the transactions, there is a single class of stock of the Issuer outstanding, and the proportionate economic and voting rights of security holders in the Issuer are identical to the direct and indirect economic and voting rights held in Old PubCo and AP prior to the transactions. Show more
F2
Prior to the transactions, pursuant to the terms of the limited liability company agreement for AP, limited liability common units (each unit representing a fractional part of the Reporting Person's interest in the profits, losses and distributions of AP) ("AP Units") and an equal number of shares of Class B Common Stock of Old PubCo, together were redeemable at any time for shares of Class A Common Stock of Old PubCo on a one-for-one basis at the discretion of the holder, subject to exchange rate adjustments for stock splits, stock dividends, and reclassifications. In connection with the transactions, the AP Units held by the Reporting Person were exchanged on a one-for-one basis for shares of Class A Common Stock of the Issuer, and all of the shares of Class B Common Stock of the Issuer held by the Reporting Person were surrendered to the Issuer for no consideration. Show more
F3
By trusts which the reporting person may be deemed to control. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. Show more
F4
The Issuer of the Common Units is Amneal Pharmaceuticals, LLC. Show more
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