SEC Form 4 · accession 0000950103-18-011970
Livent Corp. · LTHM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sara Ponessa
Officer — VP, Gen. Counsel & Secretary
Period of report
Oct 10, 2018
Accepted (ET)
Oct 12, 2018 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001742924
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 10, 2018 | A | 16,471 | $0.00 | A | 16,471 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to purchase)F2 | $17.00 | Oct 10, 2018 | A | 53,334 | A | — | — | Common Stock | 53,334 | 53,334 | D |
Explanation of responses
- F1Reflects the grant of restricted stock units under the Issuer's Incentive Compensation and Stock Plan (the "Plan"), which are scheduled to vest 50% on each of the third and fourth anniversaries of the date of grant, subject to the terms of the Plan and the applicable award agreement issued thereunder.
- F2Reflects the grant of stock options to purchase shares of common stock of the Issuer under the Plan. The stock options are scheduled to vest and become exercisable 50% on each of the third and fourth anniversaries of the date of grant, subject to the terms of the Plan and the applicable award agreement issued thereunder. The stock options will expire on the tenth anniversary of the date of grant.