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LivaNova PLC — Director's Dealing 2018
Mar 13, 2018
31419_dirs_2018-03-13_5868e7c0-dba3-46f5-95f0-b980affe495e.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: 2018-03-11
Reporting Person: WISE DAVID S (Chief Administrative Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-11 | Ordinary Shares | M | 5208 | — | Acquired | 45642 | Direct |
| 2018-03-11 | Ordinary Shares | F | 1226 | $87.55 | Disposed | 44416 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-11 | Restricted Stock Units | $ | M | 5208 | Acquired | 2020-03-11 | Common Stock (5208.0) | Direct |
Footnotes
F1: Each RSU represents a contingent right to receive one ordinary share (Ordinary Share) of LivaNova PLC (the Company), GBP 1.00 par value, in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan (the Plan).
F2: 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, 2018 vesting of 5,208 restricted stock units (RSUs).
F3: The reporting person was granted RSUs subject to a four-year vesting schedule, vesting 20%, each, on March 11, 2017, March 11, 2018 and March 11, 2019, and 40% on March 11, 2020. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan.