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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
KORMAN HARRY

(Last) (First) (Middle)
1000 MYLAN BLVD

(Street)
CANONSBURG PA 15317

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MYLAN INC. [ MYL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2014
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
Common Stock 03/06/2014 M 2,481 A $0.00 134,517 D
Common Stock 03/06/2014 F 1,144 D $54.54(1) 133,373 D
Common Stock 03/06/2014 M 3,231 A $22.66 136,604 D
Common Stock 03/06/2014 M 28,739 A $23.44 165,343 D
Common Stock 03/06/2014 S 31,970 D $54.5393(2)(3) 133,373 D
Common Stock 1,001 I By 401(k) Plan
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
Employee Stock Option - Right to Buy(4) $55.84 03/05/2014 A 12,555 (4) 03/05/2024(4) Common Stock 12,555 $0.00 12,555 D
Restricted Stock Units(5) $0.00 03/05/2014 A 4,119 (5) (5) Common Stock 4,119 $0.00 4,119 D
Restricted Stock Units $0.00 03/06/2014 M 2,481 (6) (6) Common Stock 2,481 $0.00 4,962 D
Employee Stock Option - Right to Buy $22.66 03/06/2014 M 3,231 (7) 03/02/2021 Common Stock 3,231 $0.00 4,413 D
Employee Stock Option - Right to Buy $23.44 03/06/2014 M 28,739 (8) 02/22/2022 Common Stock 28,739 $0.00 19,277 D
Explanation of Responses:
1. Represents withholding of shares for the tax liability associated with the vesting of a portion of the restricted stock units (RSUs) granted on March 6, 2013.
2. Represents the weighted average price of the reporting person's disposition of shares in transactions ranging from $54.52 to $54.59.
3. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 2 to this Form 4.
4. These options vest in three equal annual installments beginning on March 5, 2015 and expire March 5, 2024.
5. Each RSU represents the right to receive one share of Mylan Inc. common stock. The RSUs vest in three equal annual installments beginning on March 5, 2015.
6. Each RSU represents the right to receive one share of Mylan Inc. common stock. One-third of the RSUs granted on March 6, 2013 vested on March 6, 2014, and the remainder of this award will vest equally on March 6, 2015 and March 6, 2016.
7. The options vested in three equal installments on March 2, 2012, 2013, and 2014.
8. Two-thirds of the options vested in equal installments on February 22, 2013 and 2014. The remainder of the options will vest on February 22, 2015.
Remarks:
/s/ Harry Korman 03/07/2014
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.