Michael Karavitis - 03 Jan 2023 Form 4 Insider Report for CUTERA INC (CUTRQ)

Reporting relationship: EVP, Chief Technology Officer
Issuer ticker: CUTRQ
Reported as of: 03 Jan 2023
Net transaction value: -$169,296
SEC form: 4
Accepted by SEC: 04 Jan 2023, 18:56:39 UTC
Prior SEC filing: 01 Dec 2022
Next SEC filing: 02 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/ Michael Karavitis

Key filing fact

Michael Karavitis filed Form 4 for CUTERA INC (CUTRQ) on 04 Jan 2023.

Key facts

This page summarizes Michael Karavitis's Form 4 filing for CUTERA INC (CUTRQ).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 04 Jan 2023, 18:56.

Change

Previous filing in this sequence was filed on 01 Dec 2022.
Current net transaction value: -$169,296.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CUTR transaction

COMMON STOCK

Tax liability

Transaction value: $97,894
Shares: -2,291
Change %: -3.3%
Price: $42.73
Shares after: 66,435
Date: 03 Jan 2023
Ownership: Direct
Footnotes: F1, F2

CUTR transaction

COMMON STOCK

Award

Transaction value: $0
Shares: +4,837
Change %: +7.3%
Price: $0.000000
Shares after: 71,272
Date: 03 Jan 2023
Ownership: Direct
Footnotes: F3

CUTR transaction

COMMON STOCK

Tax liability

Transaction value: $71,402
Shares: -1,671
Change %: -2.3%
Price: $42.73
Shares after: 69,601
Date: 03 Jan 2023
Ownership: Direct
Footnotes: F2, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents the total number of shares withheld by the Company to settle the Reporting Person's tax liability for 5,988 Restricted Stock Units vesting on January 1, 2023. Such withholding is required by the Company's 2019 Equity Incentive Plan.

Footnote F2

These shares were withheld in multiple transactions at a price of $42.73.

Footnote F3

Stock issued pursuant to the vesting of Performance Stock Units (PSUs) granted on February 12, 2021.

Footnote F4

Represents the total number of shares withheld by the Company to settle the Reporting Person's tax liability for 4,837 PSUs vesting on January 1, 2023. Such withholding is required by the Company's 2019 Equity Incentive Plan.