DesJardin Michael A. Form 4 Horizon Therapeutics Public / Michael A. DesJardin ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DesJardin Michael A.

(Last) (First) (Middle)

C/O HORIZON THERAPEUTICS PLC,

CONNAUGHT HOUSE 1ST FL, 1 BURLINGTON RD

(Street)

DUBLIN L2 4

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Horizon Therapeutics Public Ltd Co [ HZNP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP, Technical Operations

3. Date of Earliest Transaction (Month/Day/Year)
01/04/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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
Ordinary Shares	01/05/2021		M		41,615	A	(1)	105,007	D
Ordinary Shares	01/05/2021		A(2)		60,313	A	$0.00	165,320	D
Ordinary Shares	01/05/2021		F		50,658	D	$36.1	114,662	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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 (RSU)	(1)	01/04/2021		A		31,435		(3)	(3)	Ordinary Shares	31,435	$0.00	31,435	D
Restricted Stock Units (RSU)	(1)	01/05/2021		M			12,261	(4)	(4)	Ordinary Shares	12,261	$0.00	12,261	D
Restricted Stock Units (RSU)	(1)	01/05/2021		M			17,260	(5)	(5)	Ordinary Shares	17,260	$0.00	0	D
Restricted Stock Units (RSU)	(1)	01/05/2021		M			12,094	(3)	(3)	Ordinary Shares	12,094	$0.00	24,190	D

Explanation of Responses:

1. Each RSU represents a contingent right to receive one ordinary share of the Issuer.

2. On January 5, 2018 and January 4, 2019, the reporting person was granted performance-based restricted stock units (PSUs) of the Issuer, which vest upon the satisfaction of certain performance criteria. On January 5, 2021, the PSUs vested as to the number of shares reported above.

3. The RSU's vest 1/3rd annually on each anniversary of January 5, 2020.

4. The RSU's vest 1/3rd annually on each anniversary of January 5, 2019.

5. The RSU's vest 1/3rd annually on each anniversary of January 5, 2018.

Remarks:

	/s/ Miles W. McHugh, Attorney-in-Fact	01/06/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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