| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LIVN | Ordinary Shares | Options Exercise | $0 | +5.17K | +6.86% | $0.00 | 80.5K | Mar 1, 2022 | Direct | F1 |
| transaction | LIVN | Ordinary Shares | Tax liability | -$188K | -2.43K | -3.02% | $77.38 | 78.1K | Mar 1, 2022 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LIVN | Performance Stock Units | Options Exercise | $0 | -5.17K | -100% | $0.00* | 0 | Mar 1, 2022 | Ordinary Shares | 5.17K | Direct | F3, F4, F5 | |
| transaction | LIVN | Performance Stock Units | Award | $0 | +10.2K | +100% | $0.00 | 20.5K | Mar 1, 2022 | Ordinary Shares | 10.2K | Direct | F3, F5, F6 | |
| transaction | LIVN | Performance Stock Units | Award | $0 | +5.25K | +51.3% | $0.00 | 15.5K | Mar 1, 2022 | Ordinary Shares | 5.25K | Direct | F3, F5, F7 |
| Id | Content |
|---|---|
| F1 | Reporting person had vested performance stock units (PSUs) 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 PSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the LivaNova PLC 2015 Incentive Award Plan (the Plan) and the award agreement. |
| F4 | On March 29, 2019, reporting person was granted PSUs to vest or lapse on the filing of the Company's Annual Report on Form 10-K for the fiscal year ending December 31, 2021 based on how the Company's cumulative adjusted free cash flow for fiscal years 2019, 2020 and 2021 compares to a target determined by the Plan Administrator. |
| F5 | This number reflects the number of derivative securities beneficially owned following reported transaction for this specific grant. |
| F6 | On March 30, 2021, reporting person was granted 10,238 PSUs to vest or lapse on March 30, 2024 based on how the Company's cumulative adjusted free cash flow for fiscal years 2021 compares to a target determined by the Plan Administrator. The Company has determined that 200% of the underlying PSUs shall vest on March 30, 2024, subject to continued service during the vesting period and the award agreement. |
| F7 | On March 30, 2021, reporting person was granted 10,238 PSUs to vest or lapse on March 30, 2024 based on how the Company's Return on Investment Capital (ROIC) for fiscal year 2021 compares to a target determined by the Plan Administrator. The Company has determined that 151.3% of the underlying PSUs shall vest on March 30, 2024 subject to continued service during the vesting period and the award agreement. |