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LivaNova PLC — Director's Dealing 2016
Jun 17, 2016
31419_dirs_2016-06-16_66c93e42-24af-4068-a5b8-0b2a8d3e850d.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: 2016-06-15
Reporting Person: Bianchi Francesco (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-15 | Common Stock | M | 1209 | $48.485 | Acquired | 1209 | Direct |
| 2016-06-15 | Common Stock | D | 1209 | $48.485 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-15 | Restricted Stock Units | $ | M | 1209 | Disposed | Common Stock (1209) | Direct |
Footnotes
F1: Restricted stock units ("RSUs") vested on June 15, 2016. The referenced RSUs are being settled in cash based on the closing price of the ordinary shares of LivaNova PLC (the "Company") on June 14, 2016. The Company is settling the RSUs in cash because it does not currently have ordinary shares available to settle the RSUs pursuant to their terms.
F2: Shares disposed of to the Company to cover applicable taxes and to cash cover the remainder shares.
F3: On October 19, 2015, reporting person was granted 1,209 RSUs which vest on the date of the next Annual General Meeting of the Company. Each RSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan. All of such RSUs vested and all restrictions thereon lapsed on June 15, 2016.