Catherine M. Szyman - 03 May 2022 Form 4 Insider Report for Edwards Lifesciences Corp (EW)

Signature
Linda J. Park, Attorney-in-Fact
Issuer symbol
EW
Transactions as of
03 May 2022
Net transactions value
-$1,996,867
Form type
4
Filing time
05 May 2022, 17:52:47 UTC
Previous filing
11 Apr 2022
Next filing
10 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EW Common Stock Award $0 +3,775 +14% $0.000000 31,344 03 May 2022 Direct F1
transaction EW Common Stock Options Exercise $509,184 +23,400 +75% $21.76 54,744 04 May 2022 Direct F2
transaction EW Common Stock Tax liability $52,223 -493 -0.9% $105.93 54,251 04 May 2022 Direct
transaction EW Common Stock Sale $401,916 -3,796 -7% $105.88 50,455 04 May 2022 Direct F2, F3
transaction EW Common Stock Sale $953,739 -9,155 -18% $104.18 41,300 04 May 2022 Direct F2, F4
transaction EW Common Stock Sale $1,098,173 -10,449 -25% $105.10 30,851 04 May 2022 Direct F2, F5

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
transaction EW Employee Stock Option (Right to Acquire) Award $0 +30,600 $0.000000 30,600 03 May 2022 Common Stock 30,600 $105.93 Direct F6
transaction EW Performance Rights Award $0 +4,725 $0.000000 4,725 03 May 2022 Common Stock 4,725 Direct F7
transaction EW Employee Stock Option (Right to Acquire) Options Exercise $0 -23,400 -100% $0.000000* 0 04 May 2022 Common Stock 23,400 $21.76 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units were granted on May 3, 2022 under the Edwards Lifesciences Corporation Long-Term Stock Incentive Compensation Program and are scheduled to become vested and exercisable commencing one year after the grant date in four equal annual installments.
F2 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 4, 2021.
F3 This transaction was executed in multiple trades at prices ranging from $105.77 to $105.92. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $103.77 to $104.76. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $104.77 to $105.74. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F6 These options were granted on May 3, 2022 under the Edwards Lifesciences Corporation Long-Term Stock Incentive Compensation Program and are scheduled to become vested and exercisable commencing one year after the grant date in four equal annual installments.
F7 Reflects the target number of shares (the Target Award) covered by restricted stock units granted on May 3, 2022 under the Edwards Lifesciences Corporation Long-Term Stock Incentive Compensation Program and scheduled to vest on May 3, 2025. The number of restricted stock units that vest will depend upon achievement of certain performance goals over a three-year performance period and will range from 0% to 175% of the Target Awards.

Remarks:

This Form 4 reflects changes in beneficial ownership only; it does not identify other securities of the Issuer beneficially owned by the Reporting Person.