SEC Form 4 · accession 0001209191-18-044276
LEMAITRE VASCULAR INC · LMAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George W LeMaitre
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Jul 25, 2018
Accepted (ET)
Jul 27, 2018 · 7:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001158895
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 25, 2018 | M | 36 | — | A | 3,085,291 | D | |
| Common StockF2 | Jul 25, 2018 | F | 767 | $37.36 | D | 3,084,524 | D | |
| Common StockF3,F4 | Jul 25, 2018 | S | 22,000 | $37.255 | D | 3,062,524 | D | |
| Common StockF3,F5 | Jul 26, 2018 | S | 17,238 | $37.4513 | D | 3,045,286 | D | |
| Common StockF3 | Jul 27, 2018 | S | 582 | $37.54 | D | 3,044,704 | D | |
| Common StockF6 | holding | — | — | — | 52,031 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF7 | — | Jul 25, 2018 | M | 36 | D | — | — | Common Stock | 36 | 119 | D |
Explanation of responses
- F1Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.
- F2These shares represent shares withheld by the Issuer to satisfy tax withholding obligations incurred upon the vesting of restricted stock units awarded to the reporting person on July 25, 2016. This transaction is considered an exempt sale pursuant to Rule 16b-3(e) promulgated under the Securities Exchange Act of 1934.
- F3This transaction was effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person.
- F4The price reported in Column 4 is a weighted average price. The transaction was executed in multiple trades ranging from $37.15 to $37.36. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and price at which the transaction was effected.
- F5The price reported in Column 4 is a weighted average price. The transaction was executed in multiple trades ranging from $37.37 to $37.54. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and price at which the transaction was effected.
- F6These shares are owned by LeMaitre Family LLC. A trust for the benefit of the Reporting Person holds a 20% membership interest in LeMaitre Family LLC. LeMaitre Family LLC is 100% owned by Peter Boland, as trustee for various trusts formed for the benefit of the children of George D. LeMaitre, the Issuer's founder, and Cornelia W. LeMaitre. LeMaitre Family LLC currently holds 260,154 shares of the Issuer's Common Stock. The Reporting Person disclaims ownership of such securities except to the extent of his pecuniary interest therein, if any, and the reporting herein of such securities shall not be construed as an admission of beneficial ownership thereof for the purposes of Section 16 or for any other purpose.
- F7These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 7/25/2016. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.