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*
PAPA JOSEPH C

(Last) (First) (Middle)
C/O PERRIGO COMPANY
515 EASTERN AVENUE

(Street)
ALLEGAN MI 49010

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PERRIGO CO [ PRGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) X Other (specify below)
President and CEO Chairman
3. Date of Earliest Transaction (Month/Day/Year)
12/18/2013
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 12/18/2013 D 96,655 D (1) 0 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 $0 12/18/2013 D 7,365 08/23/2015 08/23/2015 Common Stock 7,365 (2) 0 D
Restricted Stock Units $0 12/18/2013 D 9,517 08/22/2016 08/22/2016 Common Stock 9,517 (3) 0 D
Restricted Stock Units $0 12/18/2013 D 11,418 08/23/2014 08/23/2014 Common Stock 11,418 (4) 0 D
Employee Stock Option Right to Buy $58.82 12/18/2013 D 30,183 (5) 08/19/2020 Common Stock 30,183 (5) 0 D
Employee Stock Option Right to Buy $119.78 12/18/2013 D 44,496 (6) 08/22/2023 Common Stock 44,496 (6) 0 D
Employee Stock Option Right to Buy $108.62 12/18/2013 D 44,843 (7) 08/23/2022 Common Stock 44,843 (7) 0 D
Employee Stock Option Right to Buy $90.65 12/18/2013 D 46,293 (8) 08/23/2021 Common Stock 46,293 (8) 0 D
Explanation of Responses:
1. Represents shares of Perrigo Company ("Perrigo") disposed of pursuant to merger of a wholly-owned subsidiary of Perrigo Company plc ("New Perrigo") with and into Perrigo, with Perrigo surviving the merger as a wholly-owned subsidiary of New Perrigo ("the Merger"), in exchange for cash and ordinary shares of New Perrigo, which was consummated after and conditioned on New Perrigo' s acquisition of Elan Corporation plc, by means of a "scheme of arrangement", an Irish statutory procedure under the Companies Act of 1963. At the effective time of the Merger, each Perrigo common share was cancelled and converted into the right to receive one New Perrigo ordinary share and $0.01 in cash.
2. These restricted stock units, which vest on August 23, 2015, were assumed by New Perrigo in the Merger and converted into 7,365 New Perrigo restricted stock units with the same terms and conditions as the original Perrigo restricted stock units.
3. These restricted stock units, which vest on August 22, 2016, were assumed by New Perrigo in the Merger and converted into 9,517 New Perrigo restricted stock units with the same terms and conditions as the original Perrigo restricted stock units.
4. These restricted stock units, which vest on August 23, 2014, were assumed by New Perrigo in the Merger and converted into 11,418 New Perrigo restricted stock units with the same terms and conditions as the original Perrigo restricted stock units.
5. This option, which was fully vested at the effective time of the Merger, was assumed by New Perrigo in the Merger and converted into an option to purchase 30,183 ordinary shares of New Perrigo for $58.82 per share with the same terms and conditions as the original Perrigo stock option.
6. This option, which provided for vesting in three equal installments beginning on August 22, 2014, was assumed by New Perrigo in the Merger and converted into an option to purchase 44,496 ordinary shares of New Perrigo for $119.78 per share with the same terms and conditions as the original Perrigo stock option.
7. This option, which provided for vesting in three equal installments beginning on August 23, 2013, was assumed by New Perrigo in the Merger and converted into an option to purchase 44,843 ordinary shares of New Perrigo for $108.62 per share with the same terms and conditions as the original Perrigo stock option.
8. This option, which provided for vesting in three equal installments beginning on August 23, 2012, was assumed by New Perrigo in the Merger and converted into an option to purchase 46,293 ordinary shares of New Perrigo for $90.65 per share with the same terms and conditions as the original Perrigo stock option.
/s/ Penny Bursma, Attorney-in-fact for Joseph C. Papa 12/19/2013
** 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.