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LivaNova PLC — Director's Dealing 2017
Mar 14, 2017
31419_dirs_2017-03-14_47468ac8-3985-41aa-8014-bb5362ca3a74.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: 2017-03-11
Reporting Person: Sehgal Vivid (CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-11 | Ordinary Shares | M | 5209 | — | Acquired | 5209 | Direct |
| 2017-03-11 | Ordinary Shares | F | 2448 | $49.215 | Disposed | 2761 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-11 | Restricted Stock Units | $ | M | 5209 | Disposed | Ordinary Shares (5209) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LivaNova PLC's ("Company") ordinary shares, ?1.00 par value.
F2: Reporting person was granted RSUs subject to a four-year vesting schedule, vesting 20% on, each, March 11, 2017, March 11, 2018 and March 11, 2019, and 40% on March 11, 2020. 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.
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 March 11, 2017 vesting of 5,209 RSUs.