4//SEC Filing
Manko Douglas John 4
Accession 0001639691-19-000057
CIK 0001639691other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:12 PM ET
Size
13.8 KB
Accession
0001639691-19-000057
Insider Transaction Report
Form 4
LivaNova PLCLIVN
Manko Douglas John
Chief Accounting Officer
Transactions
- Award
Stock Appreciation Rights
2019-03-29+3,148→ 22,610 total→ Ordinary Shares (3,148 underlying) - Award
Restricted Stock Units
2019-03-29+1,028→ 6,855 total→ Ordinary Shares (1,028 underlying) - Award
Performance Stock Units
2019-03-29+1,028→ 8,911 total→ Ordinary Shares (1,028 underlying) - Award
Performance Stock Units
2019-03-29+1,028→ 7,883 total→ Ordinary Shares (1,028 underlying)
Footnotes (7)
- [F1]Each restricted stock unit (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) and the award agreement.
- [F2]Reporting person was granted RSUs subject to a four-year vesting schedule, vesting 25% on each of the first four anniversaries of March 29, 2019, subject to continued service during the vesting period and the RSU Agreement.
- [F3]Each performance stock unit (PSU) represents a contingent right to receive one Ordinary Share of the Company in accordance with the terms of the Plan and the award agreement.
- [F4]On March 29, 2019, reporting person was granted 1,028 PSUs to vest or lapse on the filing of the Company's Annual Report on Form 10-K for the fiscal year ending December 31, 2021 ("2021 Form 10-K") based on the rank of the Company's total shareholder return for the three-year period ending December 31, 2021 relative to the total shareholder return of a peer group of companies, as determined by the Plan Administrator. The form of agreement for this award was filed with the Securities and Exchange Commission in a Current Report on Form 8-K on April 1, 2019. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting.
- [F5]On March 29, 2019, reporting person was granted 1,028 PSUs to vest or lapse on the filing of the Company's Annual Report on Form 10-K for the fiscal year ending December 31, 2021 based on how the Company's cumulative adjusted free cash flow for fiscal years 2019, 2020 and 2021 compares to a target determined by the Plan Administrator. The form of agreement for this award was filed with the Securities and Exchange Commission on April 1, 2019. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting.
- [F6]97.25 Conversion or Exercise Price of Derivative Security.
- [F7]Reporting person was granted an award of stock appreciation rights ("SARs"). Subject to the terms and conditions of the Plan and the SAR Agreement, the SARs shall vest in equal installments of 25% on each of the first four anniversaries of the grant date, March 29, 2019.
Documents
Issuer
LivaNova PLC
CIK 0001639691
Entity typeother
Related Parties
1- filerCIK 0001445438
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 4:12 PM ET
- Size
- 13.8 KB