Kathleen P. Leneghan - May 15, 2022 Form 4 Insider Report for INVACARE CORP (IVC)

Signature
/s/ Kathleen P. Leneghan, by Kristofer K. Spreen, her attorney-in-fact, pursuant to Power of Attorney dated November 10, 2017, on file with the Commission
Stock symbol
IVC
Transactions as of
May 15, 2022
Transactions value $
-$11,036
Form type
4
Date filed
5/17/2022, 05:02 PM
Previous filing
Apr 5, 2022
Next filing
Apr 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVC Common Shares Tax liability -$11K -10.1K -4.19% $1.09* 231K May 15, 2022 Direct F1
holding IVC Common Shares 4.98K May 15, 2022 By Invacare Retirement Savings Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding IVC Employee Stock Option (Right to Buy) 16K May 15, 2022 Common Shares 16K Direct F3, F4
holding IVC Phantom Stock 363 May 15, 2022 Common Shares 363 Direct F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The surrender of these shares is for tax withholding purposes in conjunction with the vesting of restricted shares held by the reporting person.
F2 Owned by the Trustee for the Invacare Retirement Savings Plan. The information given is based on a Plan Statement of December 31, 2021, the most recent information reasonably available.
F3 No transaction is being reported on this line. Reported on a previously filed Form 3, Form 4 or Form 5.
F4 The reporting person holds previously reported options to buy 16,000 Common Shares (with tandem tax withholding rights) under the Invacare Corporation 2003 Performance Plan, granted in reliance upon the exemption provided by Rule 16b-3. All options were granted between August 14, 2012 and March 18, 2013, at exercise prices between $13.37 to $14.49 per share, will expire between August 14, 2022 and March 18, 2023, and became exercisable between September 30, 2013 and March 31, 2017.
F5 Upon cessation of employment in accordance with the terms and conditions of the Invacare Corporation Deferred Compensation Plus Plan.
F6 Owned by Trustee for the Invacare Corporation Deferred Compensation Plus Plan. The information given is based on a Plan Statement of December 31, 2021, the most recent information reasonably available.