SEC Form 4 · accession 0001639691-18-000062
LivaNova PLC · LIVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Damien McDonald
Officer — CEO
Period of report
Jun 8, 2018
Accepted (ET)
Jun 12, 2018 · 4:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001639691
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Jun 8, 2018 | M | 43,557 | $44.79 | A | 55,424 | D | |
| Ordinary SharesF1 | Jun 8, 2018 | S | 15,742 | $96.5075 | D | 39,682 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF2 | $44.79 | Jun 8, 2018 | M | 43,557 | D | — | — | Ordinary Shares | 43,557 | 172,182 | D |
Explanation of responses
- F1Represents weighted average selling price. Securities sold through approximately 188 separate sales on the transaction date at prices ranging from $96.09 to $97.07. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or any stockholder of the issuer, the full information regarding the number of shares and prices at which the transaction was effected.
- F2Reporting person was granted an award of stock appreciation rights ("SARs"). Subject to the terms and conditions of the LivaNova PLC 2015 Incentive Award Plan and the SAR Agreement, the SARs shall vest in equal installments of 25% on each of the four anniversaries of the grant date, November 4, 2016.