Director's Dealing • Mar 2, 2023
Director's Dealing
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Washington, D.C. 20549
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Check this box if no longer subject to Section 16. Form 4 or
Instruction 1(b).
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 Dethlefs Sven |
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, North America Commercial |
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| (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 |
| 1.Title of Security (Instr. 3) |
2. Transaction Date (Month/Day/Year) |
2A. Deemed Execution Date, if any (Month/Day/Year) |
3. Transaction Code (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 |
|||
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 17,346 | A | (2) | 182,727 | D | |||
| (1) Ordinary Shares |
02/28/2023 | (3) S |
17,346 | D | \$9.8866 (4) |
165,381 | D | |||
| (1) Ordinary Shares |
02/28/2023 | M | 42,309 | A | (2) | 207,690 | D | |||
| (1) Ordinary Shares |
02/28/2023 | (3) S |
42,309 | D | \$9.8866 (4) |
165,381 | D |
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security |
3. Transaction Date (Month/Day/Year) |
3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Code (Instr. 8) |
5. Number of Transaction Derivative Securities 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 | 17,346 | (5) | (5) | Ordinary Shares (1) |
17,346 | \$ 0 |
17,346 | D | ||||
| Restricted Share Units |
(2) | 02/28/2023 | M | 42,309 | (6) | (6) | Ordinary Shares (1) |
42,309 | \$ 0 |
0 | D |
(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) The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
(4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from \$9.86 to \$9.94, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
(5) Restricted share units were granted on February 28, 2020 with 17,346 vested on each of February 28, 2021, February 28, 2022 and February 28, 2023, and 17,346 vesting on February 28, 2024.
(6) 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 Sven 03/02/2023
| Dethlefs | 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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