AI assistant
LivaNova PLC — Director's Dealing 2016
Nov 22, 2016
31419_dirs_2016-11-22_47d403d2-6ec4-4168-8827-b4385d563b7e.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LivaNova PLC (LIVN)
CIK: 0001639691
Period of Report: 2016-11-18
Reporting Person: BALLESTER ANDRE MICHEL (CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-18 | Ordinary Shares | M | 17835 | — | Acquired | 98794 | Direct |
| 2016-11-18 | Ordinary Shares | F | 8382 | $43.07 | Disposed | 90412 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-18 | Restricted Stock Units | $ | M | 17835 | Disposed | Ordinary Shares (17835) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LivaNova PLC's ("Company") ordinary shares, or at the option of the Company, a cash settlement in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan.
F2: The RSUs vest 20% on, each November 18, 2016, November 18, 2017, and November 18, 2018, and 40% on November 18, 2019. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan.
F3: The referenced shares were withheld from distribution at the request of reporting person. Such shares were forfeited and the associated value was used to offset the tax liability associated with the November 18, 2016 vesting of 17,835 RSUs.