X0306 4 2015-09-02 1 0000852564 UNILENS VISION INC UVIC 0001488894 Pecora Michael J. 10431 72ND STREET NORTH LARGO FL 33777 1 1 0 0 President and CEO Common Stock 2015-09-02 4 D 0 56950 12.75 D 0 D Option to Buy Common Stock 7.92 2015-09-02 4 D 0 25000 D 2020-03-01 Common Stock 25000 0 D Pursuant to the terms of the Agreement and Plan of Merger, on July 10, 2015, by and among Valeant Pharmaceuticals International, a Delaware corporation ("Parent"), OneEye Merger Sub, Inc., a Delaware corporation and a wholly owned Subsidiary of Parent ("Merger Sub"), and Unilens Vision Inc., a Delaware corporation (the "Issuer"), each share of the Issuer's stock issued and outstanding immediately prior to the Effective Time (as defined in the Agreement and Plan of Merger) was converted into the right to receive $12.75 per share in cash, subject to any applicable withholding taxes. Options are 100% vested. Pursuant to the terms of the Agreement and Plan of Merger, immediately prior to the Effective Time (as defined in the Agreement and Plan of Merger), each unexpired and unexercised option to purchase the Issuer's common stock, all of which were exercisable and vested, was cancelled and, in exchange therefor, each option holder became entitled to receive a cash payment equal to the product of (i) the total number of shares previously subject to such option and (ii) the excess of the merger consideration ($12.75 per share) over the exercise price of the option. /s/ Michael J. Pecora 2015-09-17