4//SEC Filing
Schneberger Thomas 4
Accession 0000950103-19-003078
CIK 0001742924other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:18 PM ET
Size
11.4 KB
Accession
0000950103-19-003078
Insider Transaction Report
Form 4
Livent Corp.LTHM
Schneberger Thomas
Vice President and COO
Transactions
- Award
Common Stock
2019-03-01+38,300→ 71,683 total - Award
Stock Option (Right to Buy)
2019-03-01+41,389→ 41,389 totalExercise: $8.29From: 2020-02-27Exp: 2027-02-27→ Common Stock (41,389 underlying) - Award
Stock Option (Right to Buy)
2019-03-01+25,253→ 25,253 totalExercise: $12.26From: 2021-02-15Exp: 2028-02-15→ Common Stock (25,253 underlying)
Footnotes (4)
- [F1]Represents the grant of restricted stock units ("Livent RSUs") with respect to shares of common stock of Livent Corporation ("Livent"), par value $0.001 per share ("Livent Common Stock"), upon the conversion of restricted stock units with respect to shares of common stock of FMC Corporation ("FMC"), par value $0.10 per share ("FMC Common Stock"), held by the Reporting Person as of March 1, 2019, in accordance with the terms of the Amended and Restated Employee Matters Agreement, dated as of February 4, 2019, by and between Livent and FMC ("EMA") and the anti-dilution adjustment provisions under the FMC Incentive Compensation and Stock Plan ("FMC Plan"), in connection with the prorata spinoff distribution ("Distribution") by FMC of all of its shares of Livent Common Stock to the holders of record of FMC Common Stock on February 25, 2019 ("Record Date").
- [F2]The Livent RSUs were granted pursuant to the Livent Corporation Incentive Compensation and Stock Plan ("Livent Plan") in a manner intended to preserve the aggregate intrinsic value of the awards, and are generally subject to the same terms and conditions (including vesting and payment schedules) as applicable to the corresponding FMC restricted stock units.
- [F3]Reflects shares of Livent Common Stock received in connection with the Distribution in respect of the shares of FMC Common Stock held as of the Record Date.
- [F4]Represents the grant of stock options to purchase Livent Common Stock ("Livent Options") upon the conversion of stock options to purchase FMC Common Stock ("FMC Options"), in accordance with the terms of the EMA and the anti-dilution adjustment provisions under the FMC Plan, in connection with the Distribution. The Livent Options were granted pursuant to the Livent Plan in a manner intended to preserve the aggregate intrinsic value of the awards, and are generally subject to the same terms and conditions (including vesting, exercise and expiration schedules) as applicable to the corresponding FMC Options.
Documents
Issuer
Livent Corp.
CIK 0001742924
Entity typeother
Related Parties
1- filerCIK 0001752725
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:18 PM ET
- Size
- 11.4 KB