SEC Form 4 · accession 0001209191-15-040122
AVANOS MEDICAL, INC. · AVNS
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
Renato Negro
Officer — Vice President and Controller
Period of report
May 5, 2015
Accepted (ET)
May 7, 2015 · 5:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606498
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF1 | May 5, 2015 | A | 686 | $0.00 | A | 686 | D | |
| Common Stock, $0.01 par valueF2 | May 5, 2015 | A | 1,450 | $0.00 | A | 2,136 | D | |
| Common Stock, $0.01 par valueF3 | May 5, 2015 | F | 484 | $45.53 | D | 1,652 | D | |
| Common Stock, $0.01 par valueF4 | May 5, 2015 | A | 824 | $0.00 | A | 2,476 | D | |
| Common Stock, $0.01 par valueF5 | May 5, 2015 | F | 118 | $45.53 | D | 2,358 | D | |
| Common Stock, $0.01 par valueF6 | May 5, 2015 | A | 1,288 | $0.00 | A | 3,646 | D | |
| Common Stock, $0.01 par valueF7 | May 5, 2015 | F | 129 | $45.53 | D | 3,517 | D | |
| Common Stock, $0.01 par valueF2 | May 5, 2015 | A | 1,095 | $0.00 | A | 4,612 | D | |
| Common Stock, $0.01 par valueF8 | May 5, 2015 | F | 365 | $45.53 | D | 4,247 | D | |
| Common Stock, $0.01 par valueF9 | May 5, 2015 | A | 887 | $0.00 | A | 5,134 | D | |
| Common Stock, $0.01 par valueF10 | May 5, 2015 | A | 1,816 | $0.00 | A | 6,950 | 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 Options (right to buy)F11 | $45.53 | May 5, 2015 | A | 2,504 | A | — | May 5, 2025 | Common Stock | 2,504 | 2,504 | D |
| Employee Stock Options (right to buy) | $45.53 | May 5, 2015 | A | 3,207 | A | May 5, 2015 | May 5, 2025 | Common Stock | 3,207 | 0 | D |
| Employee Stock Options (right to buy)F12 | $45.53 | May 5, 2015 | A | 2,944 | A | — | May 5, 2025 | Common Stock | 2,944 | 1,678 | D |
| Employee Stock Options (right to buy)F13 | $45.53 | May 5, 2015 | A | 5,928 | A | — | May 5, 2025 | Common Stock | 5,928 | 4,150 | D |
| Employee Stock Options (right to buy)F14 | $45.53 | May 5, 2015 | A | 3,567 | A | — | May 5, 2025 | Common Stock | 3,567 | 3,567 | D |
Explanation of responses
- F1Represents time-vested restricted stock issued pursuant to the Halyard Health Equity Participation Plan which will vest on May 5, 2018, subject to earlier vesting in the event of death, disability or certain other events.
- F10Represents time-vested restricted stock units issued pursuant to the Halyard Health, Inc. Equity Participation Plan which will vest on May 1, 2017, subject to earlier vesting in the event of death, disability or certain other events.
- F11The awards vest 30% on May 5, 2016, 30% on May 5, 2017, and 40% on May 5, 2018, subject to earlier vesting in the event of death, disability or certain other events.
- F121,266 of the awards vest immediately upon issuance and 1,679 will vest on May 1, 2016, subject to earlier vesting in the event of death, disability or certain other events.
- F131,778 of the awards vest immediately upon issuance, 1,778 of the awards will vest on May 1, 2016, and 2,372 of the awards will vest on May 1, 2017, subject to earlier vesting in the event of death, disability or certain other events.
- F14Awards will vest 33 1/3% on May 5, 2018, 33 1/3% on May 5, 2019, and 33 1/3% on May 5, 2020, subject to earlier vesting in the event of death, disability or certain other events.
- F2Represents time-vested restricted stock units issued pursuant to the Halyard Health, Inc. Equity Participation Plan which vest immediately.
- F3This transaction represents the withholding of 484 shares of common stock to satisfy the tax withholding obligations incurred by the Reporting Person upon the vesting of 1,450 shares of common stock awarded to the Reporting Person on May 5, 2015.
- F4Represents time-vested restricted stock issued pursuant to the Halyard Health Equity Participation Plan of which 354 shares vest immediately and 470 will vest on May 1, 2016, subject to earlier vesting in the event of death, disability or certain other events.
- F5This transaction represents the withholding of 118 shares of common stock to satisfy the tax withholding obligations incurred by the Reporting Person upon the vesting of 354 shares of common stock awarded to the Reporting Person on May 5, 2015.
- F6Represents time-vested restricted stock issued pursuant to the Halyard Health Equity Participation Plan of which 386 of the awards vest immediately upon issuance, 386 of the awards will vest on May 1, 2016 and 516 of the awards will vest on May 1, 2017, subject to earlier vesting in the event of death, disability or certain other events.
- F7This transaction represents the withholding of 129 shares of common stock to satisfy the tax withholding obligations incurred by the Reporting Person upon the vesting of 386 shares of common stock awarded to the Reporting Person on May 5, 2015.
- F8This transaction represents the withholding of 365 shares of common stock to satisfy the tax withholding obligations incurred by the Reporting Person upon the vesting of 1,095 shares of common stock awarded to the Reporting Person on May 5, 2015.
- F9Represents time-vested restricted stock units issued pursuant to the Halyard Health, Inc. Equity Participation Plan which will vest on May 1, 2016, subject to earlier vesting in the event of death, disability or certain other events.