Rosen Steven H 4
4 · INVACARE CORP · Filed Aug 24, 2022
Insider Transaction Report
Form 4
Rosen Steven H
10% OwnerOther
Transactions
- Award
Common Shares, no par value
2022-08-22+24,671→ 24,671 total
Holdings
- 3,946,558(indirect: By LLC)
Common Shares, no par value
Footnotes (2)
- [F1]Restricted stock units granted pursuant to the Invacare Corporation 2018 Equity Compensation Plan in an exempt transaction under Rule 16b-3, in connection with the Reporting Person's appointment as a member of the board of directors on August 22, 2022. These restricted stock units vest, subject to the Reporting Person's continued service on the board of directors, in full on November 15, 2023.
- [F2]Azurite Management LLC ("Azurite") is the owner of record of all such Common Shares. The Reporting Person, in his capacity as the sole manager of Azurite, has the ability to indirectly control the decisions of Azurite regarding the vote and disposition of securities held by Azurite, and as such may be deemed to have indirect beneficial ownership of the Common Shares held by Azurite. The Reporting Person disclaims beneficial ownership of the Common Shares owned by Azurite, except to the extent of his pecuniary interest therein.