4//SEC Filing
Drummond Stuart 4
Accession 0001628280-24-032157
CIK 0001162461other
Filed
Jul 16, 8:00 PM ET
Accepted
Jul 17, 9:33 PM ET
Size
20.8 KB
Accession
0001628280-24-032157
Insider Transaction Report
Form 4
CUTERA INCCUTR
Drummond Stuart
Interim CFO
Transactions
- 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) - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−25,000→ 0 totalExercise: $2.23Exp: 2031-05-13→ COMMON STOCK (25,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−2,519→ 0 totalExercise: $19.44Exp: 2030-04-12→ COMMON STOCK (2,519 underlying) - Award
Stock Option (Right to Buy)
2024-07-15+25,000→ 25,000 totalExercise: $1.54Exp: 2031-05-13→ COMMON STOCK (25,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−2,949→ 0 totalExercise: $33.45Exp: 2029-02-20→ COMMON STOCK (2,949 underlying) - Award
Stock Option (Right to Buy)
2024-07-15+2,949→ 2,949 totalExercise: $1.54Exp: 2029-02-20→ COMMON STOCK (2,949 underlying) - Award
Stock Option (Right to Buy)
2024-07-15+2,519→ 2,519 totalExercise: $1.54Exp: 2030-04-12→ COMMON STOCK (2,519 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)
Footnotes (5)
- [F1]One-fourth of the shares subject to the option vested on January 1, 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.
- [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 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.
- [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 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
Issuer
CUTERA INC
CIK 0001162461
Entity typeother
Related Parties
1- filerCIK 0001977469
Filing Metadata
- Form type
- 4
- Filed
- Jul 16, 8:00 PM ET
- Accepted
- Jul 17, 9:33 PM ET
- Size
- 20.8 KB