Patton Stephana Eilene 4

4 · CUTERA INC · Filed Jul 17, 2024

Form 4

Period: 2024-07-15

Chief Legal Officer

Transactions

Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−25,000→ 0 total
Exercise: $2.11Exp: 2031-03-06→ COMMON STOCK (25,000 underlying)
Award
Stock Option (Right to Buy)
2024-07-15+25,000→ 25,000 total
Exercise: $1.54Exp: 2031-03-06→ COMMON STOCK (25,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−30,000→ 0 total
Exercise: $2.11Exp: 2031-03-06→ COMMON STOCK (30,000 underlying)
Award
Stock Option (Right to Buy)
2024-07-15+30,000→ 30,000 total
Exercise: $1.54Exp: 2031-03-06→ COMMON STOCK (30,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−55,000→ 0 total
Exercise: $2.23Exp: 2031-05-13→ COMMON STOCK (55,000 underlying)
Award
Stock Option (Right to Buy)
2024-07-15+55,000→ 55,000 total
Exercise: $1.54Exp: 2031-05-13→ COMMON STOCK (55,000 underlying)

Footnotes (4)

[F1]50% of the shares subject to the option shall vest on November 21, 2024 and then 1/24 monthly thereafter for 12 months, subject to the reporting person continuing to be a service provider through each such date.
[F2]On July 15, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $1.54 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.
[F3]One-fourth of the shares subject to the option shall vest on November 13, 2024 and then 1/36 of the remaining shares subject to the option shall vest monthly thereafter, subject to the reporting person continuing to be a service provider through each such date.
[F4]The shares subject to the option shall vest 1/48 per month from April 25, 2024, subject to the Reporting Person continuing to be a service provider through each such date.

Documents

1 file