Michael Karavitis - Feb 20, 2022 Form 4 Insider Report for CUTERA INC (CUTR)

Role
EVP, Chief Technology Officer
Signature
/s/ Michael Karavitis
Stock symbol
CUTR
Transactions as of
Feb 20, 2022
Transactions value $
-$2,459
Form type
4
Date filed
4/5/2022, 05:33 PM
Previous filing
Feb 2, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUTR COMMON STOCK Award $0 +4.09K +6.13% $0.00 70.9K Feb 20, 2022 Direct F1
transaction CUTR COMMON STOCK Tax liability -$2.46K -34 -0.05% $72.31* 70.8K Apr 1, 2022 Direct 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
transaction CUTR Stock Option (Right to Buy) Award $0 +8.85K +32.18% $0.00 36.3K Feb 20, 2022 COMMON STOCK 8.85K $33.45 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock Units (RSUs) that will entitle the Reporting Person to receive one share of Common Stock per one RSU. One-fourth of the RSUs shall vest on February 20, 2023, and 1/48 of the RSUs shall vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 Represents the total number of shares withheld by the Company to settle the Reporting Person's minimum tax liability for 100 Restricted Stock Units vesting on April 1, 2022. Such withholding is required by the Company's 2019 Equity Incentive Plan.
F3 One-fourth of the shares subject to the option shall vest on February 20, 2023, and 1/48 of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date