ICU MEDICAL INC/DE 4
4 · ICU MEDICAL INC/DE · Filed Apr 3, 2017
Insider Transaction Report
Form 4
RIGGS STEVEN
Vice President Operations
Transactions
- Award
Common Stock
2017-03-27+1,374→ 1,374 totalExercise: $0.00Exp: 2019-12-31→ Common Stock (1,374 underlying) - Award
Common Stock
2017-03-27+1,374→ 1,374 totalExercise: $0.00Exp: 2020-03-27→ Common Stock (1,374 underlying)
Footnotes (5)
- [F1]These securities are Restricted Stock Units.
- [F2]There is neither a purchase price nor an exercise price for the Restricted Stock Units.
- [F3]The executive officers were notified of their awards by the Registrant on March 30, 2017.
- [F4]The vesting for this performance-based restricted stock unit ("PRSU") award is dependent upon the reporting person's earning PRSUs based on the achievement of performance criteria related to the Company's fiscal year 2019 Cumulative Adjusted EBITDA in comparison to the fiscal year 2016 Adjusted EBITDA. The number of shares reported is the target award amount. The reporting person may potentially earn PRSUs ranging from 100% to 300% of the target award amount.
- [F5]One third of the Units subject to the award shall vest on each of the first, second, and third anniversaries of the grant date.