SEC Form 4 · accession 0001209191-18-011308
INVACARE CORP · IVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Martin Harris
Director
Period of report
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 4:18 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 |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Feb 15, 2018 | S | 3,443 | $18.153 | D | 34,315 | 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,F5,F3 | — | holding | — | — | — | — | — | Common Shares | 6,919 | 6,919 | D |
Explanation of responses
- F1Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $18.125 - $18.178. The reporting person hereby undertakes, upon request by the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F2Includes 12,860 previously reported restricted stock units issued pursuant to the Invacare Corporation 2013 Equity Compensation Plan. 4,254 of these restricted stock units vest in full on May 15, 2018 after a three-year "cliff" vesting period and 8,606 of these restricted stock units vest in full on May 15, 2018.
- F3No transaction is being reported on this line. Reported on a previously filed Form 3, Form 4, or Form 5.
- F4The reporting person holds previously reported options to buy 6,919 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. These options were granted on August 20, 2008, at an exercise price of $25.79 per share, will expire August 20, 2018, and became exercisable between September 30, 2009 and September 30, 2012.
- F5The current balance reflects the expiration of 5,650 options on August 22, 2017.