4//SEC Filing
Huston Thad Allen 4
Accession 0001639691-20-000037
CIK 0001639691other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 8:38 PM ET
Size
19.1 KB
Accession
0001639691-20-000037
Insider Transaction Report
Form 4
LivaNova PLCLIVN
Huston Thad Allen
Chief Financial Officer
Transactions
- Award
Performance Stock Units
2020-03-30+11,475→ 86,954 total→ Ordinary Shares (11,475 underlying) - Award
Stock Appreciation Rights
2020-03-30+31,407→ 60,987 total→ Ordinary Shares (31,407 underlying) - Exercise/Conversion
Ordinary Shares
2020-03-30+1,286→ 21,341 total - Award
Restricted Stock Units
2020-03-30+11,475→ 64,004 total→ Ordinary Shares (11,475 underlying) - Tax Payment
Ordinary Shares
2020-03-30$45.75/sh−431$19,718→ 20,910 total - Exercise/Conversion
Restricted Stock Units
2020-03-30−1,286→ 52,529 total→ Ordinary Shares (1,286 underlying) - Award
Performance Stock Units
2020-03-30+11,475→ 75,479 total→ Ordinary Shares (11,475 underlying)
Footnotes (10)
- [F1]Reporting person had vested restricted stock units (RSUs) settled in ordinary shares (Ordinary Share(s)) of LivaNova PLC (the Company), GBP 1.00 par value.
- [F10]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 30, 2020.
- [F2]The referenced shares were withheld from distribution at the request of reporting person to satisfy tax liability.
- [F3]Each RSU represents a contingent right to receive one Ordinary Share of 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.
- [F4]Reporting person was granted RSUs subject to a four-year vesting schedule, vesting 25% on each of the first four anniversaries of March 30, 2019, subject to continued service during the vesting period and the award agreement.
- [F5]Reporting person was granted RSUs subject to a four-year vesting schedule, vesting 25% on each of the first four anniversaries of March 30, 2020, subject to continued service during the vesting period and the award agreement.
- [F6]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.
- [F7]On March 30, 2020, reporting person was granted 11,475 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, 2022 ("2022 Form 10-K") based on the rank of the Company's total shareholder return for the three-year period ending December 31, 2022 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.
- [F8]On March 30, 2020, reporting person was granted 11,475 PSUs to vest or lapse on the filing of the Company's 2022 Form 10-K for the fiscal year ending December 31, 2022 based on how the Company's cumulative adjusted free cash flow for fiscal years 2020, 2021 and 2022 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.
- [F9]$43.57 Conversion or Exercise Price of Derivative Security.
Documents
Issuer
LivaNova PLC
CIK 0001639691
Entity typeother
Related Parties
1- filerCIK 0001706052
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 8:38 PM ET
- Size
- 19.1 KB