INVACARE CORP 4
4 · INVACARE CORP · Filed May 18, 2017
Insider Transaction Report
Form 4
LaPorte Dale C
Director
Transactions
- Sale
Common Shares
2017-05-16$14.95/sh−2,737$40,918→ 32,585 total
Holdings
- 7,858
Stock Option (Right to Buy)
→ Common Shares (7,858 underlying) - 20,000(indirect: By Trust)
Common Shares
Footnotes (5)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person for the purpose of covering tax obligations arising in connection with the vesting of restricted shares and restricted stock units.
- [F2]Includes 4,254 restricted stock units issued pursuant to the Invacare Corporation 2013 Equity Compensation Plan. These restricted stock units vest in full on May 15, 2018 after a three-year "cliff" vesting period.
- [F3]Owned by the Reporting Person's Rollover IRA.
- [F4]No transaction is being reported on this line. Reported on a previously filed Form 3, Form 4, or Form 5.
- [F5]The reporting person holds previously reported options to buy 7,858 Common Shares (with tandem tax withholding rights) under the Invacare Corporation 2003 Performance Plan, granted in reliance upon the exemption provided by Rule 16b-3. All options were granted on February 12, 2009, at an exercise price of $19.09 per share, will expire on February 12, 2019, and became exercisable between March 31, 2010 and March 31, 2013.