SEC Form 4 · accession 0001437749-15-004101
CUTERA INC · CUTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J Santilli
Officer — EVP & CFO
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 9:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001162461
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 2, 2015 | M | 13,700 | $10.43 | A | 67,206 | D | |
| Common StockF1 | Mar 2, 2015 | S | 13,700 | $13.3517 | D | 53,506 | D | |
| Common StockF3 | Mar 2, 2015 | M | 50,000 | $10.43 | A | 103,506 | D | |
| Common StockF1 | Mar 2, 2015 | S | 50,000 | $13.3517 | D | 53,506 | D |
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 Buy)F2 | $10.43 | Mar 2, 2015 | M | 13,700 | D | Jun 1, 2009 | May 28, 2015 | Common Stock | 13,700 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $10.43 | Mar 2, 2015 | M | 50,000 | D | May 28, 2011 | May 28, 2015 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1Stock sold pursuant to an employee stock option that was near it's expiration. Stock prices ranged from $13.28 to $13.41, with $13.3517 being the average. The reporting person undertakes to provide to Cutera, Inc., any security holder of Cutera, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1).
- F21/4th of the 13,700 shares vested on 06/01/2009 and 1/48th vested monthly thereafter.
- F3One hundred percent (100%) of the 50,000 shares vested on 05/28/2011.