Marco Dolci - 18 May 2021 Form 4 Insider Report for LivaNova PLC (LIVN)

Role: SVP Global Operations, R&D
Signature: /s/ Sarah K. Mohr, POA
Issuer symbol: LIVN
Transactions as of: 18 May 2021
Net transactions value: -$756,494
Form type: 4
Filing time: 20 May 2021, 20:01:52 UTC
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LIVN	Ordinary Shares	Sale	$601,520	-7,259	-100%	$82.87	0	18 May 2021	Direct	F1
transaction	LIVN	Ordinary Shares	Options Exercise	$171,056	+3,926		$43.57	3,926	18 May 2021	Direct
transaction	LIVN	Ordinary Shares	Tax liability	$241,223	-2,907	-74%	$82.98	1,019	18 May 2021	Direct	F2
transaction	LIVN	Ordinary Shares	Sale	$84,807	-1,019	-100%	$83.23	0	18 May 2021	Direct

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	LIVN	Stock Appreciation Rights	Options Exercise	$0	-3,926	-25%	$0.000000	11,777	18 May 2021	Ordinary Shares	3,926	$43.57	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents weighted average selling price. Securities sold through 34 separate sales on the transaction date at prices ranging from $82.31 to $83.21. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or any stockholder of the issuer, the full information regarding the number of shares and prices at which the transaction was effected.
F2	The referenced shares were withheld from distribution at the request of reporting person to satisfy tax liability and cost of option exercise.
F3	On March 30, 2020, reporting person was granted stock appreciation rights (SARs) subject to a four-year vesting schedule, the first vesting for which occurred on March 30, 2021. The SARs are subject to forfeiture prior to vesting in accordance with the terms of the LivaNova Incentive Plan and the award agreement.
F4	This number reflects the number of derivative securities beneficially owned following reported transaction for this specific grant.