SEC Form 4 · accession 0001225208-17-014806
Edwards Lifesciences Corp · EW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Mussallem
Officer — Chairman & CEO · Director
Period of report
Sep 7, 2017
Accepted (ET)
Sep 11, 2017 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001099800
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Sep 7, 2017 | M | 32,900 | $44.615 | A | 74,231 | D | |
| Common StockF3,F2 | Sep 7, 2017 | S | 32,900 | $112.4481 | D | 41,331 | D | |
| Common StockF4 | holding | — | — | — | 123,931 | I | 401(k) | |
| Common StockF2 | holding | — | — | — | 698,095 | I | By Living Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Acquire)F2 | $44.615 | Sep 7, 2017 | M | 32,900 | D | Jun 12, 2011 | May 11, 2018 | Common Stock | 32,900 | 249,600 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2017.
- F2This Form 4 reflects changes in beneficial ownership only; it does not identify other securities of the Issuer beneficially owned by the Reporting Person, and reflects 21,800 shares that were previously directly held but are now held indirectly by the Reporting Person's Living Trust.
- F3This transaction was executed in multiple trades at prices ranging from $112.06 to $112.87. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F4Shares represented on the most recent statement of Issuer's 401(k) Plan Administrator where a unitized accounting procedure is utilized to convert the equity to share equivalents.