Michael Karavitis - 06 Mar 2024 Form 4 Insider Report for CUTERA INC (CUTRQ)

Reporting relationship: EVP, Chief Technology Officer
Issuer ticker: CUTRQ
Reported as of: 06 Mar 2024
Net transaction value: -$2,042
SEC form: 4
Accepted by SEC: 08 Mar 2024, 17:49:28 UTC
Prior SEC filing: 02 Nov 2023
Next SEC filing: 02 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/ Michael Karavitis

Key filing fact

Michael Karavitis filed Form 4 for CUTERA INC (CUTRQ) on 08 Mar 2024.

Key facts

This page summarizes Michael Karavitis's Form 4 filing for CUTERA INC (CUTRQ).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 08 Mar 2024, 17:49.

Change

Previous filing in this sequence was filed on 02 Nov 2023.
Current net transaction value: -$2,042.

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: $2,042
Shares: -968
Change %: -1.3%
Price: $2.11
Shares after: 72,186
Date: 06 Mar 2024
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CUTR transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +25,000
Change %: +55%
Price: $0.000000
Shares after: 70,704
Date: 06 Mar 2024
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 25,000
Exercise price: $2.11
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents the total number of shares withheld by the Company to settle the Reporting Person's tax liability for 2,576 Restricted Stock Units vesting on March 6, 2024. Such withholding is required by the Company's 2019 Equity Incentive Plan.

Footnote F2

The stock options will vest according to the following schedule: 50% of the shares subject to the option shall vest on November 21, 2024 and then 1/24 monthly thereafter for 12 months, subject to the reporting person continuing to be a service provider through each such date.