SEC Form 4 · accession 0001209191-16-099059
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
Feb 13, 2016
Accepted (ET)
Feb 17, 2016 · 11:39 am 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 13, 2016 | M | 7,880 | $0.00 | A | 22,592 | D | |
| Class A Common StockF1,F2 | Feb 13, 2016 | F | 3,475 | $35.1722 | D | 19,117 | 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 UnitsF3,F4 | — | Feb 13, 2016 | M | 7,880 | D | — | — | Class A Common Stock | 7,880 | 7,881 | D |
Explanation of responses
- F1On February 13, 2016, 7,880 shares that were acquired by the reporting person pursuant to the award of restricted stock units on February 13, 2014 vested and were paid to the reporting person. 3,475 of these 7,880 shares were withheld and sold in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, to pay the resulting tax liability.
- F2The sales price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $34.55 to $36.54 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.
- F3Each restricted stock unit represents the contingent right to receive one share of the issuer's Class A common stock.
- F4The restricted stock units are scheduled to vest as follows: 7,881 shares on February 13, 2017.