Alex Shvartsburg - 15 Mar 2022 Form 4 Insider Report for LivaNova PLC (LIVN)

Role: CFO
Signature: /s/ Sarah K. Mohr, POA
Issuer symbol: LIVN
Transactions as of: 15 Mar 2022
Net transactions value: -$13,412
Form type: 4
Filing time: 17 Mar 2022, 10:31:15 UTC
Previous filing: 03 Mar 2022
Next filing: 01 Apr 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	Options Exercise	$0	+390	+9.3%	$0.000000	4,576	15 Mar 2022	Direct	F1
transaction	LIVN	Ordinary Shares	Tax liability	$13,412	-184	-4%	$72.89	4,392	15 Mar 2022	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	-390	-100%	$0.000000^*	0	15 Mar 2022	Ordinary Shares	390		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 March 15, 2018, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting occurring on March 15, 2019. 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.