CYNOSURE INC 4
4 · CYNOSURE INC · Filed May 16, 2016
Insider Transaction Report
Form 4
CYNOSURE INCCYNO
Biagioni Ettore V
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2016-05-14+835→ 7,555 total - Exercise/Conversion
Restricted Stock Units
2016-05-14−835→ 0 total→ Class A Common Stock (835 underlying) - Tax Payment
Class A Common Stock
2016-05-16$46.81/sh−334$15,633→ 7,221 total
Footnotes (4)
- [F1]On May 14, 2016, 835 shares that were acquired by the reporting person pursuant to the award of restricted stock units on May 14, 2015 vested and were paid to the reporting person. 334 of these 835 shares were withheld and sold in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, to pay the resulting tax liability.
- [F2]The sales price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $46.00 to $46.99 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- [F3]Each restricted stock unit represents the contingent right to receive one share of the issuer's Class A common stock.
- [F4]The restricted stock units vest as to approximately 25% of the shares on each three-month anniversary of the grant date of May 14, 2015.