Michael D. Hutchinson - 15 Dec 2023 Form 4 Insider Report for LivaNova PLC (LIVN)

Role: Chief Legal Officer
Signature: /s/ Sarah K. Mohr, POA
Issuer symbol: LIVN
Transactions as of: 15 Dec 2023
Net transactions value: -$45,263
Form type: 4
Filing time: 19 Dec 2023, 16:28:27 UTC
Previous filing: 03 Apr 2023
Next filing: 02 Apr 2024
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	+2,254		$0.000000	2,254	15 Dec 2023	Direct	F1
transaction	LIVN	Ordinary Shares	Tax liability	$45,263	-904	-40%	$50.07	1,350	15 Dec 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	$0	-2,254	-25%	$0.000000	6,761	15 Dec 2023	Ordinary Shares	2,254		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 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 Plan) and the award agreement.
F4	On December 15, 2022, reporting person was granted RSUs subject to a four-year vesting schedule, the first vesting for which occurred on December 15, 2023. 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.