SEC Form 4 · accession 0001181431-15-005777
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 9, 2015
Accepted (ET)
Apr 13, 2015 · 4:54 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 9, 2015 | M | 25,001 | $17.45 | A | 25,001 | D | |
| Class A Common Stock | Apr 9, 2015 | M | 16,676 | $17.61 | A | 16,676 | D | |
| Class A Common StockF1 | Apr 9, 2015 | S | 41,677 | $33.0068 | D | 0 | D | |
| Class A Common Stock | Apr 10, 2015 | M | 3,000 | $17.61 | A | 3,000 | D | |
| Class A Common StockF3 | Apr 10, 2015 | S | 3,000 | $33.039 | 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 | $17.45 | Apr 9, 2015 | M | 25,001 | D | — | May 8, 2016 | Class A Common Stock | 25,001 | 0 | D |
| Employee Stock Option (right to buy)F4 | $17.61 | Apr 9, 2015 | M | 16,676 | D | — | Nov 20, 2016 | Class A Common Stock | 16,676 | 9,991 | D |
| Employee Stock Option (right to buy)F4 | $17.61 | Apr 10, 2015 | M | 3,000 | D | — | Nov 20, 2016 | Class A Common Stock | 3,000 | 6,991 | D |
Explanation of responses
- F1The sales price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $33.00 to $33.15 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 5/8/2006 grant date.
- F3The sales price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $33.00 to $33.24 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.
- F4The option became exercisable as to approximately 8.33% of the shares on each three-month anniversary of the 11/20/2006 grant date.
- F5The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.