Ledda Ralf 4
4 · INVACARE CORP · Filed Mar 20, 2018
Insider Transaction Report
Form 4
Ledda Ralf
Sen VP/GM-EUR,Mid East&Africa
Transactions
- Award
Common Shares
2018-03-16+5,040→ 37,536 total
Holdings
- 13,000
Employee Stock Option (Right to Buy)
→ Common Shares (13,000 underlying)
Footnotes (5)
- [F1]Restricted stock units granted pursuant to the Invacare Corporation 2013 Equity Compensation Plan in an exempt transaction under Rule 16b-3. These restricted stock units vest in 1/3 annual increments over three years commencing on May 15, 2019.
- [F2]Includes 29,696 previously reported restricted stock units issued pursuant to the Invacare Corporation 2013 Equity Compensation Plan. 400 of these restricted stock units vest on May 15, 2018; 2,000 of these restricted stock units vest in 1/2 increments on May 15, 2018 and May 15, 2019; 7,296 of these restricted stock units vest in 1/3 annual increments over three years commencing on May 15, 2018; and 20,000 of these restricted stock units vest in full on November 15, 2019 after a three-year "cliff" vesting period.
- [F3]No transaction is being reported on this line. Reported on a previously filed Form 3 or Form 5.
- [F4]The reporting person holds previously reported options to buy 13,000 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 between August 20, 2008 and March 18, 2013, at exercise prices between $13.37 to $25.79 per share, will expire between August 20, 2018 and March 18, 2023, and became exercisable between September 30, 2009 and March 31, 2017.
- [F5]The current balance reflects the expiration of 1,500 options on August 22, 2017.