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AVADEL PHARMACEUTICALS PLC Director's Dealing 2019

May 24, 2019

31920_dirs_2019-05-24_a15e9a1e-03d9-438a-acce-d06a0fa9a829.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVADEL PHARMACEUTICALS PLC (AVDL)
CIK: 0001012477
Period of Report: 2019-05-22

Reporting Person: Ende Eric J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-01-31 ADSs A 27900 Acquired 27900 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-05-22 Stock Option (right to buy) $1.49 A 8057 Acquired 2029-05-22 ADSs (8057) Direct

Footnotes

F1: The issuer's "ADSs" are American Depositary Shares, with each ADS representing one ordinary share, nominal value $0.01 per share, of the issuer; ADSs may be represented by American Depositary Receipts.

F2: Represents 27,900 restricted ADSs granted under the issuer's Omnibus Incentive Compensation Plan on 01/31/2019; one-third (1/3) of the ADSs will vest on each of the first three anniversaries of the grant date.

F3: Options are exercisable as to 2,685 shares, 2,686 shares and 2,686 shares on May 22, 2020, May 22, 2021 and May 22, 2022, respectively.