Tezel Ahmet 4

Accession 0001639691-24-000098

CIK 0001639691other

View on SEC.gov Company Profile

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 4:06 PM ET

Size

16.1 KB

Accession

0001639691-24-000098

Insider Transaction Report

Form 4

Period: 2024-06-15

LivaNova PLCLIVN

Tezel Ahmet

Chief Innovation Officer

Transactions

Award
Stock Appreciation Rights
2024-06-15+25,383→ 25,383 total
Exercise: $52.68Exp: 2034-06-15→ Ordinary Shares (25,383 underlying)
Award
Restricted Stock Units
2024-06-15+11,863→ 11,863 total
→ Ordinary Shares (11,863 underlying)
Award
Performance Stock Units
2024-06-15+3,559→ 3,559 total
→ Ordinary Shares (3,559 underlying)
Award
Performance Stock Units
2024-06-15+7,118→ 7,118 total
→ Ordinary Shares (7,118 underlying)
Award
Performance Stock Units
2024-06-15+3,559→ 3,559 total
→ Ordinary Shares (3,559 underlying)

Footnotes (7)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive one ordinary share of LivaNova PLC ("the Company") GBP 1.00 par value in accordance with the terms of the Company's 2022 Incentive Award Plan ("the Plan") and the award agreement.
[F2]On June 15, 2024, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the first vesting occurring on June 15, 2025. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F3]Each performance stock unit ("PSU") represents a contingent right to receive one ordinary share of the Company, GBP 1.00 par value, in accordance with the terms of the Plan and the award agreement.
[F4]On June 15, 2024, reporting person was granted PSUs to vest or lapse on March 30, 2027 based on how the Company's free cash flow ("FCF") for performance period 2024-2026 compares to a target determined by the 2022 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.
[F5]On June 15, 2024, reporting person was granted PSUs to vest or lapse on March 30, 2027 based on how the Company's Return on Investment Capital ("ROIC") calculated for the performance period 2024-2026 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.
[F6]On June 15, 2024, reporting person was granted PSUs to vest or lapse on March 30, 2027 based on the Company's total shareholder return ("TSR") for the three-year period beginning on January 1, 2024 and ending December 31, 2026 relative to the TSR of an index 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.
[F7]On June 15, 2024, reporting person was granted stock appreciation rights ("SARs") subject to a four-year vesting in equal annual installments, the first vesting occurring on June 15, 2025. The SARs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.

Documents

1 file

4
wk-form4_1718741187.xmlPrimary
FORM 4

Issuer

LivaNova PLC

CIK 0001639691

→

Entity typeother

Related Parties

filerCIK 0002023439

Filing Metadata

Form type: 4
Filed: Jun 17, 8:00 PM ET
Accepted: Jun 18, 4:06 PM ET
Size: 16.1 KB

View on SEC.gov