Dolci Marco 4

Accession 0001639691-23-000031

CIK 0001639691other

View on SEC.gov Company Profile

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 6:05 PM ET

Size

45.5 KB

Accession

0001639691-23-000031

Insider Transaction Report

Form 4

Period: 2023-03-30

LivaNova PLCLIVN

Dolci Marco

SVP Global Operations, R&D

Transactions

Exercise/Conversion
Ordinary Shares
2023-03-30+1,434→ 7,405 total
Tax Payment
Ordinary Shares
2023-03-30$42.71/sh−222$9,482→ 5,971 total
Exercise/Conversion
Ordinary Shares
2023-03-30+762→ 8,036 total
Exercise/Conversion
Restricted Stock Units
2023-03-30−762→ 2,285 total
→ Ordinary Shares (762 underlying)
Award
Performance Stock Units
2023-03-30+5,910→ 5,910 total
→ Ordinary Shares (5,910 underlying)
Tax Payment
Ordinary Shares
2023-03-30$42.71/sh−328$14,009→ 7,708 total
Exercise/Conversion
Restricted Stock Units
2023-03-30−1,434→ 1,434 total
→ Ordinary Shares (1,434 underlying)
Award
Performance Stock Units
2023-03-30+2,955→ 2,955 total
→ Ordinary Shares (2,955 underlying)
Award
Restricted Stock Units
2023-03-30+5,910→ 5,910 total
→ Ordinary Shares (5,910 underlying)
Exercise/Conversion
Ordinary Shares
2023-03-30+853→ 7,641 total
Exercise/Conversion
Restricted Stock Units
2023-03-30−514→ 0 total
→ Ordinary Shares (514 underlying)
Exercise/Conversion
Restricted Stock Units
2023-03-30−853→ 1,706 total
→ Ordinary Shares (853 underlying)
Award
Stock Appreciation Rights
2023-03-30+12,555→ 12,555 total
Exercise: $82.04→ Ordinary Shares (12,555 underlying)
Exercise/Conversion
Ordinary Shares
2023-03-30+514→ 6,193 total
Tax Payment
Ordinary Shares
2023-03-30$42.71/sh−617$26,352→ 6,788 total
Tax Payment
Ordinary Shares
2023-03-30$42.71/sh−367$15,675→ 7,274 total
Award
Performance Stock Units
2023-03-30+2,955→ 2,955 total
→ Ordinary Shares (2,955 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 0001798597

Filing Metadata

Form type: 4
Filed: Apr 2, 8:00 PM ET
Accepted: Apr 3, 6:05 PM ET
Size: 45.5 KB

View on SEC.gov