SEC Form 4 · accession 0001209191-17-010722
CYNOSURE INC · CYNO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas J Delaney
Officer — Chief Commercial Officer
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 5:57 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 10, 2017 | M | 3,750 | $0.00 | A | 12,834 | D | |
| Class A Common StockF1,F2 | Feb 13, 2017 | F | 2,003 | $50.5338 | D | 10,831 | D | |
| Class A Common Stock | Feb 11, 2017 | M | 5,168 | $0.00 | A | 15,999 | D | |
| Class A Common StockF3,F4 | Feb 13, 2017 | F | 2,740 | $50.8591 | D | 13,259 | D | |
| Class A Common Stock | Feb 13, 2017 | M | 3,534 | $0.00 | A | 16,793 | D | |
| Class A Common StockF5,F6 | Feb 14, 2017 | F | 1,355 | $65.8945 | D | 15,438 | 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 UnitsF7,F8 | — | Feb 10, 2017 | A | 3,750 | D | — | — | Class A Common Stock | 3,750 | 7,500 | D |
| Restricted Stock UnitsF7,F9 | — | Feb 11, 2017 | A | 5,168 | D | — | — | Class A Common Stock | 5,168 | 5,168 | D |
| Restricted Stock UnitsF7,F10 | — | Feb 13, 2017 | A | 3,534 | D | — | — | Class A Common Stock | 3,534 | 0 | D |
Explanation of responses
- F1On February 10, 2017, 3,750 shares that were acquired by the reporting person pursuant to the award of restricted stock units on February 10, 2016 vested and paid to the reporting person. On February 13, 2017, 2,003 of these 3,750 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.
- F10The restricted stock units from the February 13, 2014 award are fully vested as of February 13, 2017.
- F2The sales priced reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $49.00 to $52.99 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.
- F3On February 11, 2017, 5,168 shares that were acquired by the reporting person pursuant to the award of restricted stock units on February 11, 2015 vested and paid to the reporting person. On February 13, 2017, 2,740 of these 5,168 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.
- F4The sales priced reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $50.00 to $50.99 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.
- F5On February 13, 2017, 3,534 shares that were acquired by the reporting person pursuant to the award of restricted stock units on February 13, 2014 vested and paid to the reporting person. On February 14, 2017, 1,355 of these 3,534 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.
- F6The sales priced reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $65.00 to $65.99 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.
- F7Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F8The restricted stock units are schedule to vest as follows: 3,750 shares on February 10, 2018 and 3,750 shares on February 10, 2019.
- F9The restricted stock units are schedule to vest as follows: 5,168 shares on February 11, 2018.