Jazz Pharmaceuticals plc — Director's Dealing 2012

Jan 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JAZZ PHARMACEUTICALS INC (JAZZ)
CIK: 0001232524
Period of Report: 2012-01-11

Reporting Person: COLELLA SAMUEL D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-11	Common Stock	M	10000	$12.75	Acquired	10000	Direct
2012-01-11	Common Stock	F	2623	$48.60	Disposed	7377	Direct
2012-01-11	Common Stock	M	10000	$7.84	Acquired	17377	Direct
2012-01-11	Common Stock	F	1613	$48.60	Disposed	15764	Direct
2012-01-11	Common Stock	M	10000	$6.33	Acquired	25764	Direct
2012-01-11	Common Stock	F	1302	$48.60	Disposed	24462	Direct
2012-01-11	Common Stock	M	12500	$8.23	Acquired	36962	Direct
2012-01-11	Common Stock	F	2116	$48.60	Disposed	34846	Direct
2012-01-11	Common Stock	M	12500	$34.99	Acquired	47346	Direct
2012-01-11	Common Stock	F	8999	$48.60	Disposed	38347	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-11	Option (right to buy)	$12.75	M	10000	Disposed	2017-08-15	Common Stock (10000)	Direct
2012-01-11	Option (right to buy)	$7.84	M	10000	Disposed	2018-08-15	Common Stock (10000)	Direct
2012-01-11	Option (right to buy)	$6.33	M	10000	Disposed	2019-08-16	Common Stock (10000)	Direct
2012-01-11	Option (right to buy)	$8.23	M	12500	Disposed	2020-08-25	Common Stock (12500)	Direct
2012-01-11	Option (right to buy)	$34.99	M	12500	Disposed	2021-11-04	Common Stock (12500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1488676	Indirect
Common Stock	28260	Indirect
Common Stock	13247	Indirect

Footnotes

F1: Represents shares withheld by the Issuer for cashless exercise of nonstatutory stock options solely to cover exercise price.

F2: The shares are owned by Versant Venture Capital II, L.P. Versant Ventures II, LLC is the general partner of Versant Venture Capital II, L.P. The Reporting Person is a managing member of Versant Ventures II, LLC and shares voting and investment power over the shares held by Versant Venture Capital II, L.P. The Reporting Person disclaims beneficial ownership of the shares held by Versant Venture Capital II, L.P. except to the extent of his proportionate pecuniary interest therein.

F3: The shares are owned by Versant Affiliates Fund II-A, L.P. Versant Ventures II, LLC is the general partner of Versant Affiliates Fund II-A, L.P. The Reporting Person is a managing member of Versant Ventures II, LLC and shares voting and investment power over the shares held by Versant Affiliates Fund II-A, L.P. The Reporting Person disclaims beneficial ownership of the shares held by Versant Affiliates Fund II-A, L.P. except to the extent of his proportionate pecuniary interest therein.

F4: The shares are owned by Versant Side Fund II, L.P. Versant Ventures II, LLC is the general partner of Versant Side Fund II, L.P. The Reporting Person is a managing member of Versant Ventures II, LLC and shares voting and investment power over the shares held by Versant Side Fund II, L.P. The Reporting Person disclaims beneficial ownership of the shares held by Versant Side Fund II, L.P. except to the extent of his proportionate pecuniary interest therein.

F5: This nonstatutory stock option vested in 12 equal monthly installments from August 15, 2007.

F6: This nonstatutory stock option vested in 12 equal monthly installments from August 15, 2008.

F7: This nonstatutory stock option vested in 12 equal monthly installments from August 17, 2009.

F8: This nonstatutory stock option vested in 12 equal monthly installments from August 15, 2010.

F9: This nonstatutory stock option has a vesting schedule of 100% vesting in 12 equal monthly installments from August 15, 2011.

F10: On October 24, 2011, the Board of Directors of the Issuer approved the full vesting of unvested nonstatutory stock options held by the Issuer's officers and non-employee directors, including the Reporting Person. Such vesting acceleration became effective on December 13, 2011.