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LivaNova PLC — Director's Dealing 2016
Mar 17, 2016
31419_dirs_2016-03-17_f09df815-34c7-433f-8658-9338903f2c66.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: 2016-03-11
Reporting Person: Vecchi Piero (VP & Controller)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-11 | Restricted Stock Units | $ | A | 1732 | Acquired | Common Stock (1732) | Direct | |
| 2016-03-11 | Stock Appreciation Rights | $57.60 | A | 5656 | Acquired | Common Stock (5656) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the Company's 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 reporting person was granted restricted stock units subject to a four-year vesting schedule, vesting 25% on each of the four anniversaries of the grant date, March 11, 2016. The restricted stock units are subject to forfeiture prior to vesting in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan.
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, the SARs shall vest in equal installments of 25% on each of the four anniversaries of the grant date, March 11, 2016. Payment of such amount shall be in 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 Aware Plan Administrator.