Skeffington Keyna Pidcock 4

Accession 0001639691-22-000035

CIK 0001639691other

View on SEC.gov Company Profile

Filed

Mar 31, 8:00 PM ET

Accepted

Apr 1, 10:12 AM ET

Size

40.2 KB

Accession

0001639691-22-000035

Insider Transaction Report

Form 4

Period: 2022-03-30

LivaNova PLCLIVN

Skeffington Keyna Pidcock

General Counsel

Transactions

Exercise/Conversion
Restricted Stock Units
2022-03-30−1,434→ 2,868 total
→ Ordinary Shares (1,434 underlying)
Exercise/Conversion
Restricted Stock Units
2022-03-30−853→ 2,559 total
→ Ordinary Shares (853 underlying)
Award
Restricted Stock Units
2022-03-30+3,047→ 3,047 total
→ Ordinary Shares (3,047 underlying)
Award
Performance Stock Units
2022-03-30+3,047→ 3,047 total
→ Ordinary Shares (3,047 underlying)
Exercise/Conversion
Ordinary Shares
2022-03-30+578→ 6,963 total
Award
Performance Stock Units
2022-03-30+1,523→ 1,523 total
→ Ordinary Shares (1,523 underlying)
Award
Performance Stock Units
2022-03-30+1,523→ 1,523 total
→ Ordinary Shares (1,523 underlying)
Tax Payment
Ordinary Shares
2022-03-30$81.50/sh−674$54,931→ 7,451 total
Tax Payment
Ordinary Shares
2022-03-30$81.50/sh−272$22,168→ 6,691 total
Exercise/Conversion
Ordinary Shares
2022-03-30+1,434→ 8,125 total
Exercise/Conversion
Restricted Stock Units
2022-03-30−578→ 578 total
→ Ordinary Shares (578 underlying)
Exercise/Conversion
Ordinary Shares
2022-03-30+853→ 8,304 total
Award
Stock Appreciation Rights
2022-03-30+7,096→ 7,096 total
Exercise: $82.04→ Ordinary Shares (7,096 underlying)
Tax Payment
Ordinary Shares
2022-03-30$81.50/sh−401$32,682→ 7,903 total

Footnotes (13)

[F1]Reporting person had vested restricted stock units (RSUs) settled in ordinary shares of LivaNova PLC (the Company), GBP 1.00 par value.
[F10]On March 30, 2022, reporting person was granted PSUs to vest or lapse on March 30, 2025 based on how the Company's free cash flow (FCF) for performance period 2022-2024 compares to a target determined by the Plan Administrator. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting.
[F11]On March 30, 2022, reporting person was granted PSUs to vest or lapse on March 30, 2025 based on the the Company's total shareholder return (TSR) for the three-year period beginning on January 1, 2022 and ending December 31, 2024 relative to the total shareholder return of a peer group of companies, as determined by the Plan Administrator. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting subject to continued service during the vesting period and the award agreement.
[F12]On March 30, 2022, reporting person was granted PSUs to vest or lapse on March 30, 2025 based on how the Company's Return on Investment Capital (ROIC) calculated for the performance period 2022-2024 compares to a target determined by the Plan Administrator. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting subject to continued service during the vesting period and the award agreement.
[F13]On March 30, 2022, reporting person was granted stock appreciation rights (SARs) subject to a four-year vesting schedule, the first vesting occurring on March 30, 2023. The SARs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F2]The referenced shares were withheld from distribution at the request of reporting person to satisfy tax liability.
[F3]Each RSU represents a contingent right to receive one ordinary share of the Company, GBP 1.00 par value, in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan (the Plan) and the award agreement.
[F4]On March 30, 2019, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting for which occurred on March 30, 2020. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F5]This number reflects the number of derivative securities beneficially owned following reported transaction for this specific grant.
[F6]On March 30, 2020, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting for which occurred on March 30, 2021. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F7]On March 30, 2021, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting for which occurred on March 30, 2022. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F8]On March 30, 2022, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting occurring on March 30, 2023. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F9]Each performance stock unit (PSU) represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the Plan and the award agreement.

Documents

2 files

Issuer

LivaNova PLC

CIK 0001639691

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Entity typeother

Related Parties

filerCIK 0001712880

Filing Metadata

Form type: 4
Filed: Mar 31, 8:00 PM ET
Accepted: Apr 1, 10:12 AM ET
Size: 40.2 KB

View on SEC.gov