Hebbelinck Trui 4

Accession 0001639691-23-000027

CIK 0001639691other

View on SEC.gov Company Profile

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 5:49 PM ET

Size

45.8 KB

Accession

0001639691-23-000027

Insider Transaction Report

Form 4

Period: 2023-03-30

LivaNova PLCLIVN

Hebbelinck Trui

Chief Human Resources Officer

Transactions

Tax Payment
Ordinary Shares
2023-03-30$42.71/sh−196$8,371→ 5,976 total
Tax Payment
Ordinary Shares
2023-03-30$42.71/sh−323$13,795→ 7,308 total
Exercise/Conversion
Restricted Stock Units
2023-03-30−1,148→ 1,147 total
→ Ordinary Shares (1,148 underlying)
Exercise/Conversion
Restricted Stock Units
2023-03-30−686→ 2,056 total
→ Ordinary Shares (686 underlying)
Award
Restricted Stock Units
2023-03-30+5,319→ 5,319 total
→ Ordinary Shares (5,319 underlying)
Award
Performance Stock Units
2023-03-30+2,659→ 2,659 total
→ Ordinary Shares (2,659 underlying)
Award
Performance Stock Units
2023-03-30+2,659→ 2,659 total
→ Ordinary Shares (2,659 underlying)
Award
Stock Appreciation Rights
2023-03-30+11,300→ 11,300 total
Exercise: $42.71→ Ordinary Shares (11,300 underlying)
Exercise/Conversion
Ordinary Shares
2023-03-30+417→ 6,172 total
Exercise/Conversion
Ordinary Shares
2023-03-30+1,148→ 7,124 total
Exercise/Conversion
Ordinary Shares
2023-03-30+682→ 7,266 total
Exercise/Conversion
Ordinary Shares
2023-03-30+686→ 7,631 total
Tax Payment
Ordinary Shares
2023-03-30$42.71/sh−540$23,063→ 6,584 total
Tax Payment
Ordinary Shares
2023-03-30$42.71/sh−321$13,710→ 6,945 total
Award
Performance Stock Units
2023-03-30+5,319→ 5,319 total
→ Ordinary Shares (5,319 underlying)
Exercise/Conversion
Restricted Stock Units
2023-03-30−417→ 0 total
→ Ordinary Shares (417 underlying)
Exercise/Conversion
Restricted Stock Units
2023-03-30−682→ 1,365 total
→ Ordinary Shares (682 underlying)

Footnotes (15)

[F1]Reporting person had vested restricted stock units (RSUs) settled in ordinary shares of LivaNova PLC (the Company), GBP 1.00 par value.
[F10]On March 30, 2023, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting occurring on March 30, 2024. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the 2022 Plan and the award agreement.
[F11]Each performance stock unit (PSU) represents a contingent right to receive one Ordinary Share of the Company in accordance with the terms of the 2022 Plan and the award agreement.
[F12]On March 30, 2023, reporting person was granted PSUs to vest or lapse on March 30, 2026 based on how the Company's free cash flow (FCF) for performance period 2023-2025 compares to a target determined by the 2022 Plan Administrator. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting subject to continued service during the vesting period and the award agreement.
[F13]On March 30, 2023, reporting person was granted PSUs to vest or lapse on March 30, 2026 based on how the Company's Return on Investment Capital (ROIC) calculated for the performance period 2023-2025 compares to a target determined by the 2022 Plan Administrator. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting subject to continued service during the vesting period and the award agreement.
[F14]On March 30, 2023, reporting person was granted PSUs to vest or lapse on March 30, 2026 based on the the Company's total shareholder return (TSR) for the three-year period beginning on January 1, 2023 and ending December 31, 2025 relative to the total shareholder return of a peer group of companies, as determined by the 2022 Plan Administrator. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting subject to continued service during the vesting period and the award agreement.
[F15]On March 30, 2023, reporting person was granted stock appreciation rights (SARs) subject to a four-year vesting schedule, the first vesting occurring on March 30, 2024. The SARs are subject to forfeiture prior to vesting in accordance with the terms of the 2022 Plan and the award agreement.
[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]On March 30, 2019, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting for which occurred on March 30, 2020. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F5]This number reflects the number of derivative securities beneficially owned following reported transaction for this specific grant.
[F6]On March 30, 2020, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting for which occurred on March 30, 2021. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F7]On March 30, 2021, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting for which occurred on March 30, 2022. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F8]On March 30, 2022, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting for which occurred on March 30, 2023. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F9]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 2022 Incentive Award Plan (the 2022 Plan) and the award agreement.

Documents

2 files

Issuer

LivaNova PLC

CIK 0001639691

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Entity typeother

Related Parties

filerCIK 0001773051

Filing Metadata

Form type: 4
Filed: Apr 2, 8:00 PM ET
Accepted: Apr 3, 5:49 PM ET
Size: 45.8 KB

View on SEC.gov