SEC Form 4 · accession 0001437749-16-030825
CUTERA INC · CUTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin P Connors
Officer — President & CEO · Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 8:36 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 2, 2016 | M | 42,123 | $8.66 | A | 686,001 | D | |
| Common StockF1 | May 2, 2016 | S | 42,123 | $11.319 | D | 643,878 | D | |
| Common Stock | May 3, 2016 | M | 13,172 | $8.66 | A | 657,050 | D | |
| Common StockF2 | May 3, 2016 | S | 13,172 | $11.447 | D | 643,878 | D | |
| Common Stock | May 4, 2016 | M | 10,001 | $8.66 | A | 653,879 | D | |
| Common StockF3 | May 4, 2016 | S | 10,001 | $11.50 | D | 643,878 | 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)F4 | $8.66 | May 2, 2016 | M | 42,123 | D | Jul 1, 2010 | Jun 8, 2016 | Common Stock | 120,000 | 77,877 | D |
| Employee Stock Option (Right to Buy)F4 | $8.66 | May 3, 2016 | M | 13,172 | D | Nov 1, 2010 | Jun 8, 2016 | Common Stock | 120,000 | 64,705 | D |
| Employee Stock Option (Right to Buy)F4 | $8.66 | May 4, 2016 | M | 10,001 | D | Feb 1, 2011 | Jun 8, 2016 | Common Stock | 120,000 | 54,704 | D |
Explanation of responses
- F1Stock sold pursuant to a 10b5-1 trading plan for employee options that are expiring on June 8,2016. Stock prices ranged from $11.25 to $11.38, with $11.319 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.
- F2Stock sold pursuant to a 10b5-1 trading plan for employee options that are expiring on June 8,2016. Stock prices ranged from $11.40 to $11.705, with $11.447 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 a 10b5-1 trading plan for employee options that are expiring on June 8,2016. Stock prices ranged from $11.50 to $11.55, with $11.50 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.
- F4Options vested according to the following schedule: 1/3rd on 06/1/2010 and 1/36th vested monthly thereafter.