4//SEC Filing
Karavitis Michael 4
Accession 0001628280-24-032156
CIK 0001162461other
Filed
Jul 16, 8:00 PM ET
Accepted
Jul 17, 9:32 PM ET
Size
29.2 KB
Accession
0001628280-24-032156
Insider Transaction Report
Form 4
CUTERA INCCUTR
Karavitis Michael
EVP, Chief Technology Officer
Transactions
- Award
Stock Option (Right to Buy)
2024-07-15+20,000→ 20,000 totalExercise: $1.54From: 2022-08-21Exp: 2027-10-31→ COMMON STOCK (20,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−8,849→ 0 totalExercise: $33.45Exp: 2029-02-20→ COMMON STOCK (8,849 underlying) - Award
Stock Option (Right to Buy)
2024-07-15+25,000→ 25,000 totalExercise: $1.54Exp: 2031-03-06→ COMMON STOCK (25,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−7,499→ 0 totalExercise: $32.87Exp: 2031-02-12→ COMMON STOCK (7,499 underlying) - Award
Stock Option (Right to Buy)
2024-07-15+8,849→ 8,849 totalExercise: $1.54Exp: 2029-02-20→ COMMON STOCK (8,849 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−55,000→ 0 totalExercise: $2.23Exp: 2031-05-13→ COMMON STOCK (55,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−11,450→ 0 totalExercise: $19.44Exp: 2030-04-12→ COMMON STOCK (11,450 underlying) - Award
Stock Option (Right to Buy)
2024-07-15+7,499→ 7,499 totalExercise: $1.54Exp: 2031-02-12→ COMMON STOCK (7,499 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−25,000→ 0 totalExercise: $2.11Exp: 2031-03-06→ COMMON STOCK (25,000 underlying) - Award
Stock Option (Right to Buy)
2024-07-15+55,000→ 55,000 totalExercise: $1.54Exp: 2031-05-13→ COMMON STOCK (55,000 underlying) - Award
Stock Option (Right to Buy)
2024-07-15+11,450→ 11,450 totalExercise: $1.54Exp: 2030-04-12→ COMMON STOCK (11,450 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−20,000→ 0 totalExercise: $39.30From: 2022-08-21Exp: 2027-10-31→ COMMON STOCK (20,000 underlying)
Footnotes (6)
- [F1]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.
- [F2]One-fourth of the shares subject to the option vested on February 12, 2022, and 1/48 of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.
- [F3]One-fourth of the shares subject to the option vested on February 20, 2023, and 1/48 of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.
- [F4]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.
- [F5]The share 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.
- [F6]One-fourth of the shares subject to the option vested on January 1, 2024, and 1/48 of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.
Documents
Issuer
CUTERA INC
CIK 0001162461
Entity typeother
Related Parties
1- filerCIK 0001861778
Filing Metadata
- Form type
- 4
- Filed
- Jul 16, 8:00 PM ET
- Accepted
- Jul 17, 9:32 PM ET
- Size
- 29.2 KB