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

Role
CFO
Signature
/s/ Sarah K. Mohr, POA
Stock symbol
LIVN
Transactions as of
Mar 15, 2022
Transactions value $
-$13,412
Form type
4
Date filed
3/17/2022, 10:31 AM
Previous filing
Mar 3, 2022
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIVN Ordinary Shares Options Exercise $0 +390 +9.32% $0.00 4.58K Mar 15, 2022 Direct F1
transaction LIVN Ordinary Shares Tax liability -$13.4K -184 -4.02% $72.89 4.39K Mar 15, 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% $0.00* 0 Mar 15, 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.