LEWIN NICHOLAS SHERIDAN 4
4 · CUTERA INC · Filed Aug 5, 2024
Insider Transaction Report
Form 4
CUTERA INCCUTR
LEWIN NICHOLAS SHERIDAN
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2024-07-15−25,327→ 0 totalExercise: $16.84Exp: 2030-05-19→ COMMON STOCK (25,327 underlying) - Award
Stock Option (Right to Buy)
2024-07-15+25,327→ 25,327 totalExercise: $1.54Exp: 2030-05-19→ COMMON STOCK (25,327 underlying)
Footnotes (2)
- [F1]One-third of the shares subject to the option vested on May 19, 2024 and one-third of the shares subject to the option shall vest each one-year anniversary 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.