SEC Form 4 · accession 0001437749-15-011763
CUTERA INC · CUTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Ronald J Santilli
Officer — EVP & CFO
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 9:45 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 StockF1 | Jun 1, 2015 | S | 4,257 | $14.90 | D | 50,188 | D | |
| Common Stock | Jun 1, 2015 | M | 15,406 | $8.66 | A | 65,594 | D | |
| Common StockF2 | Jun 1, 2015 | S | 15,406 | $15.0003 | D | 50,188 | D | |
| Common Stock | Jun 2, 2015 | M | 4,192 | $8.66 | A | 54,380 | D | |
| Common StockF3 | Jun 2, 2015 | S | 4,192 | $15.00 | D | 50,188 | D | |
| Common Stock | Jun 3, 2015 | M | 7,897 | $8.66 | A | 58,085 | D | |
| Common StockF4 | Jun 3, 2015 | S | 7,897 | $15.0028 | D | 50,188 | 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)F5 | $8.66 | Jun 1, 2015 | M | 15,406 | D | Jun 1, 2010 | Jun 8, 2016 | Common Stock | 55,000 | 12,094 | D |
| Employee Stock Option (Right to Buy)F5 | $8.66 | Jun 2, 2015 | M | 4,192 | D | Jun 1, 2010 | Jun 8, 2016 | Common Stock | 55,000 | 7,902 | D |
| Employee Stock Option (Right to Buy)F5 | $8.66 | Jun 3, 2015 | M | 7,897 | D | Jun 1, 2010 | Jun 8, 2016 | Common Stock | 55,000 | 5 | D |
Explanation of responses
- F1Represents the total number of shares withheld by the Company to settle the reporting person's minimum tax liability on the vesting of Restricted Stock Units (RSUs).
- F2Stock sold pursuant to a 10b5-1 trading plan. Stock prices ranged from 15.00 to $15.01, with $15.0003 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.
- F3Stock sold pursuant to an employee stock option that was subject to a 10b5-1 trading plan.
- F4Stock sold pursuant to a 10b5-1 trading plan. Stock prices ranged from 15.00 to $15.01, with $15.0028 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.
- F5Options vest according to the following schedule: 1/3rd on 06/1/2010 and 1/36th vested monthly thereafter.