Jean-Luc M. Lemercier - 07 May 2022 Form 4 Insider Report for Edwards Lifesciences Corp (EW)

Role
CVP, EMEA, Canada, Latin Amer
Signature
Linda J. Park, Attorney-in-Fact
Issuer symbol
EW
Transactions as of
07 May 2022
Net transactions value
-$951,109
Form type
4
Filing time
10 May 2022, 20:54:33 UTC
Previous filing
05 May 2022
Next filing
17 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EW Common Stock Tax liability $5,127 -51 -0.03% $100.52 154,983 07 May 2022 Direct
transaction EW Common Stock Options Exercise $0 +8,531 +5.5% $0.000000 163,514 08 May 2022 Direct F1
transaction EW Common Stock Tax liability $61,820 -615 -0.38% $100.52 162,899 08 May 2022 Direct
transaction EW Common Stock Options Exercise $251,546 +11,560 +7.1% $21.76 174,459 09 May 2022 Direct F2
transaction EW Common Stock Sale $1,135,709 -11,560 -6.6% $98.24 162,899 09 May 2022 Direct F2, F3

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 Performance Rights Options Exercise $0 -8,531 -100% $0.000000* 0 08 May 2022 Common Stock 8,531 Direct F1
transaction EW Employee Stock Option (Right to Acquire) Options Exercise $0 -11,560 -100% $0.000000* 0 09 May 2022 Common Stock 11,560 $21.76 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 8, 2019, the Reporting Person was granted a target number of shares covered by restricted stock units with performance-based vesting requirements over a three-year performance period. On May 2, 2022, the Compensation Committee of the Board of Directors determined that 175% of the target number of shares would vest as of May 8, 2022, and the actual number of shares vested are reflected on this Form 4.
F2 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 29, 2021.
F3 This transaction was executed in multiple trades at prices ranging from $97.95 to $98.66. 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.

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.