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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Horizon Pharma plc Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

March 1, 2019

DUBLIN--(BUSINESS WIRE)--Mar 1, 2019--Horizon Pharma plc (Nasdaq: HZNP) today announced that the compensation committee of its board of directors approved the grant on March 1, 2018 of inducement restricted stock units for an aggregate of 8,544 ordinary shares to six new employees.

The restricted stock units vest over three years, with 1/3 of the shares vesting on each anniversary of the applicable vesting commencement date. All awards are subject to the new employee’s continued service relationship with the Company. Each restricted stock unit also is subject to the terms and conditions of the Company’s 2014 Equity Incentive Plan and the restricted stock unit agreement pursuant to which the restricted stock unit was granted.

The restricted stock units were granted as inducements material to the new employees entering into employment with Horizon Pharma in accordance with Nasdaq Listing Rule 5635(c)(4).

About Horizon Pharma plc

Horizon Pharma plc is focused on researching, developing and commercializing innovative medicines that address unmet treatment needs for rare and rheumatic diseases. By fostering a growing pipeline of medicines in development and exploring all potential uses for currently marketed medicines, we strive to make a powerful difference for patients, their caregivers and physicians. For us, it’s personal: by living up to our own potential, we are helping others live up to theirs. For more information, please visit www.horizonpharma.com, follow us @HZNPplc on Twitter, like us on Facebook or explore career opportunities on  LinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190301005577/en/

CONTACT: Tina Ventura

Senior Vice President, Investor Relations

Investor-relations@horizonpharma.com

Ruth Venning

Executive Director, Investor Relations

Investor-relations@horizonpharma.com

U.S. Media Contact:

Geoffrey Curtis

Executive Vice President, Corporate Affairs & Chief Communications Officer

media@horizonpharma.com

Ireland Media Contact:

Ray Gordon

Gordon MRM

ray@gordonmrm.ie

KEYWORD: EUROPE IRELAND

INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY PHARMACEUTICAL GENERAL HEALTH

SOURCE: Horizon Pharma plc

Copyright Business Wire 2019.

PUB: 03/01/2019 05:50 PM/DISC: 03/01/2019 05:50 PM

http://www.businesswire.com/news/home/20190301005577/en