CYNOSURE INC 4
4 · CYNOSURE INC · Filed Nov 15, 2016
Insider Transaction Report
Form 4
CYNOSURE INCCYNO
Biagioni Ettore V
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2016-11-11+1,271→ 9,255 total - Tax Payment
Class A Common Stock
2016-11-14$40.33/sh−508$20,485→ 8,747 total - Exercise/Conversion
Restricted Stock Units
2016-11-11−1,271→ 2,543 total→ Class A Common Stock (1,271 underlying)
Footnotes (4)
- [F1]On November 11, 2016, 1,271 shares that were acquired by the reporting person pursuant to the award of restricted stock units on May 11, 2016 vested and were paid to the reporting person. 508 of these 1,271 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 $40.00 to $40.99 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 11, 2016.