Makatsaria Vladimir 4

Accession 0001639691-25-000028

CIK 0001639691other

View on SEC.gov Company Profile

Filed

Mar 31, 8:00 PM ET

Accepted

Apr 1, 9:01 PM ET

Size

23.3 KB

Accession

0001639691-25-000028

Insider Transaction Report

Form 4

Period: 2025-03-30

LivaNova PLCLIVN

Makatsaria Vladimir

DirectorChief Executive Officer

Transactions

Exercise/Conversion
Ordinary Shares
2025-03-30+9,330→ 9,330 total
Award
Performance Stock Units
2025-03-30+17,569→ 17,569 total
→ Ordinary Shares (17,569 underlying)
Exercise/Conversion
Restricted Stock Units
2025-03-30−3,352→ 10,055 total
→ Ordinary Shares (3,352 underlying)
Award
Stock Appreciation Rights
2025-03-30+76,927→ 76,927 total
Exercise: $39.13Exp: 2035-03-30→ Ordinary Shares (76,927 underlying)
Award
Performance Stock Units
2025-03-30+17,569→ 17,569 total
→ Ordinary Shares (17,569 underlying)
Exercise/Conversion
Restricted Stock Units
2025-03-30−5,978→ 17,931 total
→ Ordinary Shares (5,978 underlying)
Award
Restricted Stock Units
2025-03-30+35,139→ 35,139 total
→ Ordinary Shares (35,139 underlying)
Tax Payment
Ordinary Shares
2025-03-30$39.13/sh−5,046$197,450→ 4,284 total
Award
Performance Stock Units
2025-03-30+35,139→ 35,139 total
→ Ordinary Shares (35,139 underlying)

Footnotes (10)

[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, 2025, reporting person was granted stock appreciation rights (SARs) subject to a four-year vesting in equal annual installments, the first vesting occurring on March 30, 2026. The SARs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F2]Shares withheld to satisfy tax liability.
[F3]Each RSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the Company's 2022 Incentive Award Plan (the Plan) and the award agreement.
[F4]On March 30, 2024, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the first vesting having occurred on March 30, 2025. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F5]On March 30, 2025, reporting person was granted RSUs subject to a three-year vesting in equal annual installments, the first vesting occurring on March 30, 2026. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
[F6]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.
[F7]On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on how the Company's free cash flow (FCF) for performance period 2025-2027 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.
[F8]On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on how the Company's Return on Investment Capital (ROIC) calculated for the performance period 2025-2027 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.
[F9]On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on the Company's total shareholder return (TSR) for the three-year period beginning on January 1, 2025 and ending December 31, 2027 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.

Documents

1 file

4
wk-form4_1743555672.xmlPrimary
FORM 4

Issuer

LivaNova PLC

CIK 0001639691

→

Entity typeother

Related Parties

filerCIK 0002012645

Filing Metadata

Form type: 4
Filed: Mar 31, 8:00 PM ET
Accepted: Apr 1, 9:01 PM ET
Size: 23.3 KB

View on SEC.gov