Hutchinson Michael Damon 4

Accession 0001639691-25-000026

CIK 0001639691other

View on SEC.gov Company Profile

Filed

Mar 31, 8:00 PM ET

Accepted

Apr 1, 9:00 PM ET

Size

23.9 KB

Accession

0001639691-25-000026

Insider Transaction Report

Form 4

Period: 2025-03-30

LivaNova PLCLIVN

Hutchinson Michael Damon

Chief Legal Officer

Transactions

Exercise/Conversion
Restricted Stock Units
2025-03-30−1,453→ 4,356 total
→ Ordinary Shares (1,453 underlying)
Award
Stock Appreciation Rights
2025-03-30+19,581→ 19,581 total
Exercise: $39.13Exp: 2035-03-30→ Ordinary Shares (19,581 underlying)
Exercise/Conversion
Restricted Stock Units
2025-03-30−1,477→ 2,955 total
→ Ordinary Shares (1,477 underlying)
Tax Payment
Ordinary Shares
2025-03-30$39.13/sh−1,020$39,913→ 5,666 total
Award
Restricted Stock Units
2025-03-30+8,944→ 8,944 total
→ Ordinary Shares (8,944 underlying)
Award
Performance Stock Units
2025-03-30+4,472→ 4,472 total
→ Ordinary Shares (4,472 underlying)
Award
Performance Stock Units
2025-03-30+8,944→ 8,944 total
→ Ordinary Shares (8,944 underlying)
Award
Performance Stock Units
2025-03-30+4,472→ 4,472 total
→ Ordinary Shares (4,472 underlying)
Exercise/Conversion
Ordinary Shares
2025-03-30+2,930→ 6,686 total

Footnotes (12)

[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, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on how the Company's Return on Investment Capital (ROIC) calculated for the performance period 2025-2027 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.
[F11]On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on the Company's total shareholder return (TSR) for the three-year period beginning on January 1, 2025 and ending December 31, 2027 relative to the TSR of an index of companies, as 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.
[F12]On March 30, 2025, 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, 2026. The SARs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F2]Shares withheld to satisfy tax liability.
[F3]Each RSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the Company's 2022 Incentive Award Plan (the Plan) and the award agreement.
[F4]On March 30, 2023, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the first vesting having occurred on March 30, 2024. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F5]On March 30, 2024, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the first vesting having occurred 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.
[F6]Each RSU 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, 2025, reporting person was granted RSUs subject to a three-year vesting in equal annual installments, the first vesting occurring on March 30, 2026. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F8]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.
[F9]On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on how the Company's free cash flow (FCF) for performance period 2025-2027 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.

Documents

1 file

4
wk-form4_1743555651.xmlPrimary
FORM 4

Issuer

LivaNova PLC

CIK 0001639691

→

Entity typeother

Related Parties

filerCIK 0001606626

Filing Metadata

Form type: 4
Filed: Mar 31, 8:00 PM ET
Accepted: Apr 1, 9:00 PM ET
Size: 23.9 KB

View on SEC.gov