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HAEMONETICS CORP — Director's Dealing 2019
Jun 10, 2019
31565_dirs_2019-06-10_759f5aa4-f515-43ab-bb8f-acfe2766948c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HAEMONETICS CORP (HAE)
CIK: 0000313143
Period of Report: 2019-06-06
Reporting Person: Basil Michelle L (EVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-06 | Common Stock | M | 6148 | $41.64 | Acquired | 21832 | Direct |
| 2019-06-06 | Common Stock | S | 6148 | $103.25 | Disposed | 15684 | Direct |
| 2019-06-07 | Common Stock | M | 4872 | $38.43 | Acquired | 20556 | Direct |
| 2019-06-07 | Common Stock | S | 6745 | $103.50 | Disposed | 13811 | Direct |
| 2019-06-07 | Common Stock | S | 442 | $103.38 | Disposed | 13369 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-06 | Non-qualified Stock Option (Right to Buy) | $41.64 | M | 6148 | Disposed | 2024-06-06 | Common Stock (6148) | Direct |
| 2019-06-07 | Non-qualified Stock Option (Right to Buy) | $38.43 | M | 4872 | Disposed | 2024-03-06 | Common Stock (4872) | Direct |
Footnotes
F1: Transaction pursuant to an existing 10b5-1 trading plan.
F2: This number includes unvested RSUs previously reported.
F3: Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of certain restricted stock units previously reported in Table I following the date of grant. This sale is mandated by the Issuer's election under its 2005 Long Term Incentive Compensation Plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F4: Grant to reporting person of right to buy shares of common stock exercisable in annual increments of 25 percent beginning on the first anniversary of the date of grant.