Sheila Hopkins - 15 Jul 2024 Form 4 Insider Report for CUTERA INC (CUTRQ)

Role
Director
Signature
/s/ Sheila Hopkins
Issuer symbol
CUTRQ
Transactions as of
15 Jul 2024
Net transactions value
$0
Form type
4
Filing time
17 Jul 2024, 21:32:43 UTC
Previous filing
04 Jun 2024
Next filing
07 Aug 2024

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) Disposed to Issuer $0 -3,627 -100% $0.000000* 0 15 Jul 2024 COMMON STOCK 3,627 $36.55 Direct
transaction CUTR Stock Option (Right to Buy) Award $0 +3,627 $0.000000 3,627 15 Jul 2024 COMMON STOCK 3,627 $1.54 Direct F1
transaction CUTR Stock Option (Right to Buy) Disposed to Issuer $0 -7,770 -100% $0.000000* 0 15 Jul 2024 COMMON STOCK 7,770 $15.83 Direct
transaction CUTR Stock Option (Right to Buy) Award $0 +7,770 $0.000000 7,770 15 Jul 2024 COMMON STOCK 7,770 $1.54 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 15, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $1.54 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.