Alex Shvartsburg - Jun 15, 2021 Form 4 Insider Report for LivaNova PLC (LIVN)

Role: Interim CFO
Signature: /s/ Sarah K. Mohr, POA
Stock symbol: LIVN
Transactions as of: Jun 15, 2021
Transactions value $: -$60,948
Form type: 4
Date filed: 6/16/2021, 08:00 PM
Next filing: Dec 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LIVN	Ordinary Shares	Options Exercise	$0	+1.58K	+58.93%	$0.00	4.25K	Jun 15, 2021	Direct	F1
transaction	LIVN	Ordinary Shares	Tax liability	-$60.9K	-742	-17.45%	$82.14	3.51K	Jun 15, 2021	Direct	F2

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	Restricted Stock Units	Options Exercise	$0	-1.58K	-25%	$0.00	4.73K	Jun 15, 2021	Ordinary Shares	1.58K		Direct	F3, F4, F5

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

Explanation of Responses:

Id	Content
F1	Reporting person had vested restricted stock units (RSUs) settled in ordinary shares of LivaNova PLC (the Company), GBP 1.00 par value.
F2	The referenced shares were withheld from distribution at the request of reporting person to satisfy tax liability.
F3	Each RSU represents a contingent right to receive one ordinary share of the Company, GBP 1.00 par value, in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan (the Plan) and the award agreement.
F4	On June 15, 2020, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting for which occurred on June 15, 2021. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
F5	This number reflects the number of derivative securities beneficially owned following reported transaction for this specific grant.