4//SEC Filing
Makatsaria Vladimir 4
Accession 0001639691-24-000046
CIK 0001639691other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 9:20 PM ET
Size
20.0 KB
Accession
0001639691-24-000046
Insider Transaction Report
Form 4
LivaNova PLCLIVN
Makatsaria Vladimir
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2024-03-30+23,909→ 23,909 total→ Ordinary Shares (23,909 underlying) - Award
Stock Appreciation Rights
2024-03-30+29,309→ 29,309 totalExercise: $55.94→ Ordinary Shares (29,309 underlying) - Award
Performance Stock Units
2024-03-30+23,909→ 23,909 total→ Ordinary Shares (23,909 underlying) - Award
Restricted Stock Units
2024-03-30+13,407→ 13,407 total→ Ordinary Shares (13,407 underlying) - Award
Performance Stock Units
2024-03-30+11,954→ 11,954 total→ Ordinary Shares (11,954 underlying) - Award
Stock Appreciation Rights
2024-03-30+52,268→ 52,268 totalExercise: $55.94→ Ordinary Shares (52,268 underlying) - Award
Performance Stock Units
2024-03-30+11,954→ 11,954 total→ Ordinary Shares (11,954 underlying)
Footnotes (7)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the LivaNova PLC 2022 Incentive Award Plan (the 2022 Plan) and the award agreement.
- [F2]On March 30, 2024, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the first vesting occurring on March 30, 2025. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award 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 2022 Plan and the award agreement.
- [F4]On March 30, 2024, reporting person was granted PSUs to vest or lapse on March 30, 2027 based on how the Company's free cash flow (FCF) for performance period 2024-2026 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.
- [F5]On March 30, 2024, reporting person was granted PSUs to vest or lapse on March 30, 2027 based on how the Company's Return on Investment Capital (ROIC) calculated for the performance period 2024-2026 compares to a target determined by the 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.
- [F6]On March 30, 2024, reporting person was granted PSUs to vest or lapse on March 30, 2027 based on the Company's total shareholder return (TSR) for the three-year period beginning on January 1, 2024 and ending December 31, 2026 relative to the TSR of an index 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.
- [F7]On March 30, 2024, reporting person was granted stock appreciation rights (SARs) subject to a four-year vesting in equal annual installments, the first vesting occurring on March 30, 2025. The SARs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
Documents
Issuer
LivaNova PLC
CIK 0001639691
Entity typeother
Related Parties
1- filerCIK 0002012645
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 9:20 PM ET
- Size
- 20.0 KB