SEC Form 4 · accession 0001181431-15-005711
CYNOSURE INC · CYNO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Davin
Officer — Chairman and CEO · Director
Period of report
Apr 7, 2015
Accepted (ET)
Apr 9, 2015 · 5:20 pm EDT
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 | Apr 7, 2015 | M | 61,941 | $16.46 | A | 61,941 | D | |
| Class A Common StockF1 | Apr 7, 2015 | S | 61,941 | $32.0016 | D | 0 | D | |
| Class A Common Stock | Apr 8, 2015 | M | 6,009 | $16.46 | A | 6,009 | D | |
| Class A Common StockF3 | Apr 8, 2015 | S | 6,009 | $32.0208 | D | 0 | D | |
| Class A Common Stock | Apr 9, 2015 | M | 2,050 | $16.46 | A | 2,050 | D | |
| Class A Common Stock | Apr 9, 2015 | S | 2,050 | $32.00 | D | 0 | 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)F2 | $16.46 | Apr 7, 2015 | M | 61,941 | D | — | Feb 15, 2022 | Class A Common Stock | 61,941 | 8,059 | D |
| Employee Stock Option (right to buy)F2 | $16.46 | Apr 8, 2015 | M | 6,009 | D | — | Feb 15, 2022 | Class A Common Stock | 6,009 | 2,050 | D |
| Employee Stock Option (right to buy)F2 | $16.46 | Apr 9, 2015 | M | 2,050 | D | — | Feb 15, 2022 | Class A Common Stock | 2,050 | 0 | D |
Explanation of responses
- F1The sales price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $32.00 to $32.15 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.
- F2The option became exercisable as to approximately 8.33% of the shares on each three-month anniversary of the 2/15/2012 grant date.
- F3The sales price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $32.00 to $32.09 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.