William A. Kozy - Oct 14, 2023 Form 4 Insider Report for LivaNova PLC (LIVN)

Role
Director
Signature
/s/ Sarah K. Mohr, POA
Stock symbol
LIVN
Transactions as of
Oct 14, 2023
Transactions value $
-$673,078
Form type
4
Date filed
10/17/2023, 08:01 PM
Previous filing
Jun 20, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIVN Ordinary Shares Options Exercise $0 +10.3K +91.74% $0.00 21.6K Oct 14, 2023 Direct F1
transaction LIVN Ordinary Shares Tax liability -$179K -3.73K -17.3% $47.94 17.8K Oct 14, 2023 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 -$494K -10.3K -100% $47.94 0 Oct 14, 2023 Ordinary Shares 10.3K Direct F3, F4
* 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 2022 Incentive Award Plan (the 2022 Plan) and the award agreement.
F4 On June 15, 2023, reporting person was granted RSUs to vest and forfeiture restrictions thereon to lapse in full on October 14, 2023, subject to continued service during the vesting period and the award agreement.