SEC Form 4 · accession 0001639691-17-000055
LivaNova PLC · LIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thad Allen Huston
Officer — Chief Financial Officer
Period of report
May 23, 2017
Accepted (ET)
May 24, 2017 · 5:13 pm EDT
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 | — | May 23, 2017 | A | 39,627 | A | — | — | Ordinary Shares | 39,627 | 65,140 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents a contingent right to receive one ordinary share (Ordinary Share) of LivaNova PLC (the Company), GBP 1.00 par value, in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan (the Plan).
- F2The reporting person was granted RSUs subject to a four-year vesting schedule, vesting 25% on each of the next four anniversaries of May 23, 2017. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan.