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

Role
SVP Global Operations, R&D
Signature
/s/ Sarah K. Mohr, POA
Stock symbol
LIVN
Transactions as of
May 18, 2021
Transactions value $
-$756,494
Form type
4
Date filed
5/20/2021, 08:01 PM
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIVN Ordinary Shares Sale -$602K -7.26K -100% $82.87 0 May 18, 2021 Direct F1
transaction LIVN Ordinary Shares Options Exercise $171K +3.93K $43.57 3.93K May 18, 2021 Direct
transaction LIVN Ordinary Shares Tax liability -$241K -2.91K -74.04% $82.98 1.02K May 18, 2021 Direct F2
transaction LIVN Ordinary Shares Sale -$84.8K -1.02K -100% $83.23 0 May 18, 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 -3.93K -25% $0.00 11.8K May 18, 2021 Ordinary Shares 3.93K $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.