4//SEC Filing
Dolci Marco 4
Accession 0001639691-23-000023
CIK 0001639691other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 4:23 PM ET
Size
22.9 KB
Accession
0001639691-23-000023
Insider Transaction Report
Form 4
LivaNova PLCLIVN
Dolci Marco
SVP Global Operations, R&D
Transactions
- Exercise/Conversion
Ordinary Shares
2023-02-27+1,761→ 6,437 total - Exercise/Conversion
Performance Stock Units
2023-02-27−4,188→ 0 total→ Ordinary Shares (4,188 underlying) - Exercise/Conversion
Ordinary Shares
2023-02-27+4,188→ 6,477 total - Tax Payment
Ordinary Shares
2023-02-27$47.99/sh−1,801$86,430→ 4,676 total - Tax Payment
Ordinary Shares
2023-02-27$47.99/sh−758$36,376→ 5,679 total - Exercise/Conversion
Performance Stock Units
2023-02-27−1,761→ 0 total→ Ordinary Shares (1,761 underlying)
Footnotes (6)
- [F1]Reporting person had vested performance stock units (PSUs) settled in ordinary shares of LivaNova PLC (the Company), GBP 1.00 par value.
- [F2]The referenced shares were withheld from distribution at the request of reporting person to satisfy tax liability.
- [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 30, 2020, the reporting person was granted 5,737 PSUs that would vest upon the filing of the Company's 2022 Form 10-K for the fiscal year ending December 31, 2022. The vesting of the PSUs depended on the Company's performance against a target of the relative total shareholder return (r-TSR) for fiscal years 2020, 2021, and 2022, compared to our peer companies. The Company's performance achieved a result of 73%, and the actual number of vested shares is presented as the quantity that was acquired.
- [F5]This number reflects the number of derivative securities beneficially owned following reported transaction for this specific grant.
- [F6]On March 30, 2020, the reporting person received a grant of 5,737 PSUs which were subject to vesting upon the filing of the Company's 2022 Form 10-K for the fiscal year ending December 31, 2022. The number of PSUs that vested was the result of the Company's performance against a target related to Adjusted Free Cash Flow for fiscal years 2020, 2021, and 2022. The performance achieved was 30.7%, and the actual number of vested shares is presented as the quantity that was acquired.
Issuer
LivaNova PLC
CIK 0001639691
Entity typeother
Related Parties
1- filerCIK 0001798597
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 4:23 PM ET
- Size
- 22.9 KB