SEC Form 4 · accession 0001387131-17-005912
Corindus Vascular Robotics, Inc. · CVRS
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
Louis A Cannon
Director
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 8:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528557
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 15, 2017 | A | 2,293 | $1.09 | A | 53,094 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Dec 15, 2017 | A | 9,174 | A | — | — | Common Stock | 9,174 | 9,174 | D |
Explanation of responses
- F1The common stock was issued to the reporting person pursuant to the Corindus Vascular Robotics, Inc. Director Compensation Policy in lieu of the reporting person's quarterly retainer and meeting fees of $2,500.
- F22,293 shares are held directly and 50,801 shares are held in Cardiac & Vascular Research Center 401k FBO Louis A. Cannon.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.0001 per share, of Corindus Vascular Robotics, Inc.
- F4The restricted stock units were granted on December 15, 2017 as part of the director's annual equity award with vesting beginning as of June 22, 2017, the date of the 2017 Annual Meeting of Stockholders. The restricted stock units vest in four equal quarterly installments on September 22, 2017, December 22, 2017, March 22, 2018 and June 22, 2018, subject to the reporting person's continuous service with Corindus Vascular Robotics, Inc. through each such vesting date. Vested shares will be delivered to the reporting person within five days of each such vesting date.