SEC Form 4 · accession 0001140361-15-042514
LivaNova PLC · LIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andre Michel Ballester
Officer — CEO · Director
Period of report
Nov 18, 2015
Accepted (ET)
Nov 20, 2015 · 5:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001639691
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 UnitsF1,F2 | — | Nov 18, 2015 | A | 89,174 | A | — | Nov 18, 2019 | Common Stock | 89,174 | 89,174 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Company's Ordinary Shares, or at the option the Company, a cash settlement in accordance with the terms of the LivaNova 2015 Incentive Award Plan.
- F2The reporting person was granted restricted stock units subject to a four-year vesting schedule, vesting 20% on November 18, 2016, November 18, 2017, November 18, 2018, and 40% on November 18, 2019. The restricted stock units are subject to forfeiture prior to vesting in accordance with the terms of the Restricted Stock Agreement.