SEC Form 4 · accession 0001209191-16-101518
HeartWare International, Inc. · HTWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence J Knopf
Officer — General Counsel
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 5:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001389072
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Feb 19, 2016 | A | 4,000 | A | — | Feb 19, 2020 | Common Stock | 4,000 | 12,500 | D |
| Stock Option (right to buy)F3 | $33.49 | Feb 19, 2016 | A | 5,000 | A | — | Feb 19, 2026 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- F2The restricted stock units vest in four equal annual installments commencing on the first anniversary of the date of grant subject to the reporting person's continued employment by the Company through each anniversary date. In addition, the restricted stock units will immediately vest upon a change in control (as defined in the 2012 Incentive Award Plan) or upon the reporting person's death prior to settlement.
- F3The stock options vest in three equal annual installments commencing on the first anniversary of the date of grant subject to the reporting person's continued employment by the Company through each anniversary date. In addition, the stock options will immediately vest upon a change in control (as defined in the 2012 Incentive Award Plan) or upon the reporting person's death prior to settlement.