LEMAITRE VASCULAR INC — Director's Dealing 2018

Jul 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEMAITRE VASCULAR INC (LMAT)
CIK: 0001158895
Period of Report: 2018-07-25

Reporting Person: LeMaitre George W (Director, Chairman and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-25	Common Stock	M	36	—	Acquired	3085291	Direct
2018-07-25	Common Stock	F	767	$37.36	Disposed	3084524	Direct
2018-07-25	Common Stock	S	22000	$37.255	Disposed	3062524	Direct
2018-07-26	Common Stock	S	17238	$37.4513	Disposed	3045286	Direct
2018-07-27	Common Stock	S	582	$37.54	Disposed	3044704	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-25	Dividend Equivalent Rights	$	M	36	Disposed		Common Stock (36)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	52031	Indirect

Footnotes

F1: Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.

F2: These shares represent shares withheld by the Issuer to satisfy tax withholding obligations incurred upon the vesting of restricted stock units awarded to the reporting person on July 25, 2016. This transaction is considered an exempt sale pursuant to Rule 16b-3(e) promulgated under the Securities Exchange Act of 1934.

F3: This transaction was effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person.

F4: The price reported in Column 4 is a weighted average price. The transaction was executed in multiple trades ranging from $37.15 to $37.36. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and price at which the transaction was effected.

F5: The price reported in Column 4 is a weighted average price. The transaction was executed in multiple trades ranging from $37.37 to $37.54. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and price at which the transaction was effected.

F6: These shares are owned by LeMaitre Family LLC. A trust for the benefit of the Reporting Person holds a 20% membership interest in LeMaitre Family LLC. LeMaitre Family LLC is 100% owned by Peter Boland, as trustee for various trusts formed for the benefit of the children of George D. LeMaitre, the Issuer's founder, and Cornelia W. LeMaitre. LeMaitre Family LLC currently holds 260,154 shares of the Issuer's Common Stock. The Reporting Person disclaims ownership of such securities except to the extent of his pecuniary interest therein, if any, and the reporting herein of such securities shall not be construed as an admission of beneficial ownership thereof for the purposes of Section 16 or for any other purpose.

F7: These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 7/25/2016. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.