SEC Form 4 · accession 0001209191-18-038073
INVACARE CORP · IVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony LaPlaca
Officer — Sr. VP and General Counsel
Period of report
Jun 14, 2018
Accepted (ET)
Jun 15, 2018 · 4:32 pm EDT
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 Shares | Jun 14, 2018 | M | 20,000 | $16.55 | A | 64,385 | D | |
| Common SharesF1 | Jun 14, 2018 | S | 20,000 | $19.591 | D | 44,385 | D |
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)F3,F2 | $16.55 | Jun 14, 2018 | M | 20,000 | D | — | Oct 27, 2018 | Common Shares | 20,000 | 66,700 | D |
Explanation of responses
- F1Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $19.507 - $19.675. 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.
- F2This option vested equally on September 30, 2009, 2010, 2011 and 2012.
- F3The reporting person holds previously reported options to buy 66,700 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 19, 2009 and March 18, 2013, at exercise prices between $13.37 to $25.24 per share, will expire between August 19, 2019 and March 18, 2023, and became exercisable between September 30, 2010 and March 31, 2017.