SEC Form 4 · accession 0001104659-18-039937
Invuity, Inc. · IVTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall A Lipps
Director
Period of report
Jun 11, 2018
Accepted (ET)
Jun 13, 2018 · 7:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393020
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 11, 2018 | A | 34,246 | $0.00 | A | 115,683 | D | |
| Common StockF2 | holding | — | — | — | 7,722 | I | By Lipps Family Ventures |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. 100% of the RSUs vest on June 11, 2019. The Reporting Person has elected to defer the receipt of the shares underlying the RSUs until the earlier of the Reporting Person's separation from service as a director or upon a "change of control" of the Issuer, pursuant to the Issuer's Restricted Stock Unit Deferral Program for Outside Directors.
- F2The shares are held by Lipps Family Ventures, of which the Reporting Person is a Manager.