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LivaNova PLC — Director's Dealing 2016
Aug 9, 2016
31419_dirs_2016-08-09_2d1e0096-e0db-4fbe-9829-9c531bcfee80.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LivaNova PLC (LIVN)
CIK: 0001639691
Period of Report: 2016-08-05
Reporting Person: Manko Douglas John (Chief Accounting Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-05 | Restricted Stock Units | $ | A | 2418 | Acquired | Common Stock (2418) | Direct | |
| 2016-08-05 | Stock Appreciation Rights | $61.00 | A | 9633 | Acquired | Common Stock (9633) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one ordinary share ("Ordinary Share") of LivaNova PLC (the "Company") 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 reporting person was granted RSUs subject to a four-year vesting schedule, vesting 25% on each of the next four anniversaries of August 5, 2016. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the RSU Agreement.
F3: Reporting person was granted an award of stock appreciation rights ("SARs"). Subject to the terms and conditions of the LivaNova PLC 2015 Incentive Award Plan and the SAR Agreement, the SARs shall vest in equal installments of 25% on each of the four anniversaries of the grant date, August 5, 2016. Payment of such amount shall be cash, Ordinary Shares (based on their fair market value as of the date the SAR is exercised) or a combination of both, as determined by the LivaNova PLC 2015 Incentive Award Plan Administrator.