Saia Andrea Lynn 4
4 · LivaNova PLC · Filed Jan 3, 2024
Insider Transaction Report
Form 4
LivaNova PLCLIVN
Saia Andrea Lynn
Director
Transactions
- Tax Payment
Ordinary Shares
2023-12-31$51.74/sh−314$16,246→ 10,799 total - Exercise/Conversion
Restricted Stock Units
2023-12-31−1,468→ 0 total→ Ordinary Shares (1,468 underlying) - Exercise/Conversion
Ordinary Shares
2023-12-31+1,468→ 11,113 total
Footnotes (5)
- [F1]Reporting person had vested restricted stock units (RSUs) settled in ordinary shares of LivaNova PLC (the Company), GBP 1.00 par value.
- [F2]The referenced shares were withheld from distribution 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 June 15, 2023, reporting person was granted RSUs to vest and forfeiture restrictions thereon to lapse on June 15, 2024, subject to continued service during the vesting period and the RSU Agreement. The service of the reporting persons ceased on December 31, 2023, and, per section 2.2(b) of the grant notice, the reporting person received 1,468 ordinary shares and the remaining 1,212 RSUs were forfeited.
- [F5]This number reflects the number of derivative securities beneficially owned following reported transaction for this specific grant.