X0306 4 2014-01-20 0 0000885590 Valeant Pharmaceuticals International, Inc. VRX 0001387813 Kornwasser Laizer 700 ROUTE 202 206 NORTH BRIDGEWATER NJ 08807 0 1 0 0 EVP, Company Group Chairman Common Stock, no par value 2014-01-20 4 A 0 6427 0 A 25854 D Represents Restricted Share Units received under an Employee Share Matching Program ("Matching RSUs") in connection with the officer's purchase of Company common stock. Each Matching RSU represents a contingent right to receive one share of common stock, no par value, of Valeant Pharmaceuticals International, Inc. 1/3 of the Matching RSUs will vest each on the first, second and third anniversary of the date of grant subject to continued employment and retention of the corresponding purchased shares. by: Nicholas Zanoni for Laizer Kornwasser 2014-01-22