SEC Form 4 · accession 0001209191-15-023027
INVACARE CORP · IVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F Delaney
Director
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000742112
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Mar 3, 2015 | A | 4,254 | $0.00 | A | 4,254 | D | |
| Common Shares | holding | — | — | — | 32,060 | 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 Buy)F4,F2,F3 | — | holding | — | — | — | — | — | Common Shares | 16,569 | 16,569 | D |
Explanation of responses
- F1Restricted stock units granted pursuant to the Invacare Corporation 2013 Equity Compensation Plan in an exempt transaction under Rule 16b-3. These restricted stock units vest in full on May 15, 2018 after a three-year "cliff" vesting period.
- F2No transaction is being reported on this line. Reported on a previously filed Form 3, Form 4, or Form 5.
- F3The reporting person holds previously reported options to buy 16,569 Common Shares (with tandem tax withholding rights) under the Invacare Corporation 2003 Performance Plan, granted in reliance upon the exemption provided by Rule 16b-3. All options were granted between March 8, 2006 and August 20, 2008, at exercise prices between $23.71 to $31.26 per share, will expire between March 8, 2016 and August 20, 2018, and became exercisable between March 31, 2007 and September 30, 2012.
- F4The current balance reflects the expiration of 2,000 options on March 2, 2015.