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Jazz Pharmaceuticals plc Director's Dealing 2011

Nov 8, 2011

30751_dirs_2011-11-08_274b9687-4a47-4b85-9649-25bf914150a1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JAZZ PHARMACEUTICALS INC (JAZZ)
CIK: 0001232524
Period of Report: 2011-11-04

Reporting Person: ENRIGHT PATRICK G (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-11-04 Option (right to buy) $34.99 A 12500 Acquired 2021-11-04 Common Stock (12500) Direct
2011-11-04 Phantom Stock $ A 715 Acquired Common Stock (715) Direct

Footnotes

F1: The option shares shall vest in a series of twelve (12) successive equal installments upon completion of each month of Continuous Service (as defined under the Issuer's Amended and Restated 2007 Non-Employee Directors Stock Option Plan) over the one (1)-year period measured from August 15, 2011.

F2: Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock. The shares of phantom stock become payable in common stock upon the earlier to occur of the tenth (10th) business day following (i) the Reporting Person's separation from service as a director or (ii) a Change of Control (as defined under the Issuer's Amended and Restated Directors Deferred Compensation Plan).