SEC Form 4 · accession 0001209191-18-012986
INVACARE CORP · IVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen P. Leneghan
Officer — Senior VP and CFO
Period of report
Feb 22, 2018
Accepted (ET)
Feb 23, 2018 · 4:32 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 | Feb 22, 2018 | A | 7,500 | $0.00 | A | 33,752 | D | |
| Common SharesF2 | holding | — | — | — | 4,943 | I | By Invacare Retirement Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4,F3 | — | holding | — | — | — | — | — | Common Shares | 52,400 | 52,400 | D |
| Phantom StockF6,F3,F5 | — | holding | — | — | — | — | — | Common Shares | 357 | 357 | D |
Explanation of responses
- F1Restricted shares granted pursuant to the Invacare Corporation 2013 Equity Compensation Plan in an exempt transaction under Rule 16b-3. These shares vest in full on May 15, 2021 after a three-year "cliff" vesting period.
- F2Owned by the Trustee for the Invacare Retirement Savings Plan. The information given is based on a Plan Statement of December 31, 2017, the most recent information reasonably available.
- F3No transaction is being reported on this line. Reported on a previously filed Form 3 or Form 5.
- F4The reporting person holds previously reported options to buy 52,400 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 August 20, 2008 and March 18, 2013, at exercise prices between $13.37 to $25.79 per share, will expire between August 20, 2018 and March 18, 2023, and became exercisable between September 30, 2009 and March 31, 2017.
- F5Upon cessation of employment in accordance with the terms and conditions of the Invacare Corporation Deferred Compensation Plus Plan.
- F6Owned by Trustee for the Invacare Corporation Deferred Compensation Plus Plan. The information given is based on a Plan Statement of December 31, 2017, the most recent information reasonably available.