SEC Form 4 · accession 0001181431-15-002620
CYNOSURE INC · CYNO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William O. Flannery
Director
Period of report
Feb 14, 2015
Accepted (ET)
Feb 17, 2015 · 4:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885306
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 14, 2015 | M | 2,175 | $0.00 | A | 9,785 | D | |
| Class A Common StockF3,F5,F4 | Feb 14, 2015 | F | 870 | $31.1563 | D | 8,915 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 14, 2015 | M | 2,175 | D | — | — | Class A Common Stock | 2,175 | 2,175 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of the issuer's Class A common stock.
- F2The restricted stock units are scheduled to vest as to approximately 25% of the shares on each three-month anniversary of the grant date of May 14, 2014.
- F3On February 14, 2015, 2,175 shares that were acquired by the reporting person pursuant to the award of restricted stock units on May 14, 2014 vested and were paid to the reporting person. 870 of these 2,175 shares were witheld to pay the resulting tax liability.
- F4The number of shares include (a) 5,000 shares of Cynosure Class A common stock previously owned by the reporting person, plus (b) 2,175 shares that were paid to the reporting person on August 14, 2014 upon vesting of restricted stock units awarded on May 14, 2014, less (c) 870 shares withheld to pay the resulting tax liability, plus (d) 2,175 shares that were paid to the reporting person on November 14, 2014 upon vesting of restricted stock units awarded on May 14, 2014, less (e) 870 shares withheld to pay the resulting tax liability, plus (f) 2,175 shares that were paid to the reporting person on February 14, 2015 upon vesting of restricted stock units awarded on May 14, 2014, less (g) 870 shares withheld to pay the resulting tax liability.
- F5The sales price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $31.15 to $31.16 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.