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Teva Pharmaceutical Industries Ltd.

Director's Dealing Mar 2, 2023

7082_rns_2023-03-02_70f9e696-a794-40c2-81b7-c8190ff7ef22.pdf

Director's Dealing

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FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL OMB Number: 3235-0287

Estimated average burden hours per response... 0.5

Check this box if no

longer subject to Section 16. Form 4 or

Instruction 1(b).

Form 5 obligations may continue. See STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person
Kalif
Eliyahu
Sharon
2. Issuer Name and Ticker or Trading Symbol
Teva Pharmaceutical Industries Ltd. [TEVA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_ Director
_ 10% Owner
(Last)
124 Dvora HaNevi'a St.,
(First)
C/O Teva Pharmaceutical Industries Ltd.
(Middle) 3. Date of Earliest Transaction (Month/Day/Year)
02/28/2023
Officer (give title below)____ Other (specify below)
X
EVP, Chief Financial Officer
(Street)
Tel Aviv
L3
6944020
(City)
(State)
(Zip)
4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line)
X
Form filed by One Reporting Person
____ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security
(Instr. 3)
2. Transaction
2A. Deemed
3. Transaction
Date
Execution Date, if
Code
(Month/Day/Year)
any
(Instr. 8)
4. Securities Acquired
(A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially
Owned Following Reported
Transaction(s)
6.
Ownership
Form:
7. Nature of
Indirect
Beneficial
(Month/Day/Year) Code V Amount (A) or
(D)
Price (Instr. 3 and 4) Direct (D)
or Indirect
(I)
(Instr. 4)
Ownership
(Instr. 4)
(1)
Ordinary Shares
02/28/2023 M 18,430 A (2) 34,435 D
(1)
Ordinary Shares
02/28/2023 M 44,953 A (2) 79,388 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of
Derivative
Security
(Instr. 3)
2.
Conversion
or Exercise
Price of
Derivative
Security
3. Transaction
3A. Deemed
4.
5. Number of
Date
Execution Date, if
Transaction
Derivative
(Month/Day/Year)
any
Code
Securities
(Month/Day/Year)
(Instr. 8)
Acquired (A)
or Disposed
of (D)
(Instr. 3, 4,
and 5)
6. Date Exercisable and
Expiration Date
(Month/Day/Year)
7. Title and Amount
of Underlying
Securities
(Instr. 3 and 4)
8. Price of
Derivative
Security
(Instr. 5)
9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported
Transaction(s)
10.
Ownership
Form of
Derivative
Security:
Direct (D)
or Indirect
(I)
11. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)
Code V (A) (D) Date
Exercisable
Expiration
Date
Title Amount
or
Number
of
Shares
(Instr. 4) (Instr. 4)
Restricted
Share
Units
(2) 02/28/2023 M 18,430 (3) (3) Ordinary
Shares
(1)
18,430 \$
0
18,430 D
Restricted
Share
Units
(2) 02/28/2023 M 44,953 (4) (4) Ordinary
Shares
(1)
44,953 \$
0
0 D

Explanation of Responses:

(1) The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.

(2) Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share.

(3) Restricted share units were granted on February 28, 2020 with 18,430 vested on each of February 28, 2021, February 28, 2022, February 28, 2023 and 18,430 vesting on February 28, 2024.

(4) Restricted share units were granted on February 7, 2023 pursuant to the satisfaction of performance criteria and vested on February 28, 2023.

/s/ Dov Bergwerk as attorney-in-fact for Eliyahu
Sharon Kalif
03/02/2023
------------------------------------------------------------------ ------------

**Signature of Reporting Person Date

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

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