SEC Form 4 · accession 0001437749-17-020915
CUTERA INC · CUTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sandra Gardiner
Officer — EVP & Chief Financial Officer
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 6:27 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 |
|---|---|---|---|---|---|---|---|---|
| COMMONF1 | Dec 15, 2017 | A | 5,121 | $0.00 | A | 5,121 | D | |
| COMMONF2 | Dec 15, 2017 | A | 2,036 | $0.00 | A | 7,157 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $47.40 | Dec 15, 2017 | A | 16,005 | A | Dec 1, 2018 | Dec 15, 2024 | Common Stock | 16,005 | 16,005 | D |
Explanation of responses
- F1Grant of Restricted Stock Units (RSUs) that will entitle the Reporting Person to receive one share of Common Stock per one RSU. These RSUs vest over four years at the rate of 25% annually on December 1, 2018 to December 1, 2021.
- F2Grant of RSUs that will entitle the Reporting Person to receive one share of Common Stock per one RSU. 100% of these RSUs will vest on December 15, 2018.
- F3Options vest according to the following schedule: 1/4th of the shares shall vest on 12/1/2018 and 1/48th monthly thereafter.