WISE DAVID S 4
4 · LivaNova PLC · Filed Mar 13, 2018
Insider Transaction Report
Form 4
LivaNova PLCLIVN
WISE DAVID S
SR VP HR & IT
Transactions
- Tax Payment
Ordinary Shares
2018-03-11$87.55/sh−1,226$107,336→ 44,416 total - Exercise/Conversion
Ordinary Shares
2018-03-11+5,208→ 45,642 total - Exercise/Conversion
Restricted Stock Units
2018-03-11+5,208→ 27,015 totalExp: 2020-03-11→ Common Stock (5,208 underlying)
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one ordinary share (Ordinary Share) of LivaNova PLC (the Company), GBP 1.00 par value, in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan (the Plan).
- [F2]The referenced shares were withheld from distribution at the request of reporting person. Such shares were forfeited and the associated value was used to offset the tax liability associated with the March 11, 2018 vesting of 5,208 restricted stock units (RSUs).
- [F3]The reporting person was granted RSUs subject to a four-year vesting schedule, vesting 20%, each, on March 11, 2017, March 11, 2018 and March 11, 2019, and 40% on March 11, 2020. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan.