SEC Form 4 · accession 0001437749-15-009857
CUTERA INC · CUTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Apfelberg
Director
Period of report
May 12, 2015
Accepted (ET)
May 12, 2015 · 9:51 pm EDT
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 Stock | May 12, 2015 | M | 7,000 | $9.74 | A | 7,000 | D | |
| Common StockF1 | May 12, 2015 | S | 7,000 | $14.0763 | D | 0 | D | |
| Common Stock | holding | — | — | — | 17,312 | I | By Self and SUSAN M. APFELBERG, as Trustees, for DAVID B. APFELBERG & SUSAN M. APFELBERG Living Trus |
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 | $9.74 | May 12, 2015 | M | 7,000 | D | Jun 12, 2009 | Jun 12, 2015 | Common Stock | 7,000 | 0 | D |
Explanation of responses
- F1Stock sold pursuant to an employee stock option that was near it's expiration of June 12, 2015. Stock prices ranged from $13.92 to $14.30, with $14.0763 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).
- F2Options vested according to the following schedule: 100% on the one year anniversary of the grant date.