Andrea Lynn Saia - 31 Dec 2023 Form 4 Insider Report for LivaNova PLC (LIVN)

Role
Director
Signature
/s/ Sarah K. Mohr, POA
Issuer symbol
LIVN
Transactions as of
31 Dec 2023
Net transactions value
-$16,246
Form type
4
Filing time
03 Jan 2024, 16:14:46 UTC
Previous filing
20 Jun 2023
Next filing
21 May 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 +1,468 +15% $0.000000 11,113 31 Dec 2023 Direct F1
transaction LIVN Ordinary Shares Tax liability $16,246 -314 -2.8% $51.74 10,799 31 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 -1,468 -100% $0.000000* 0 31 Dec 2023 Ordinary Shares 1,468 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Andrea Lynn Saia is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 2015 Incentive Award Plan (the Plan) and the award agreement.
F4 On June 15, 2023, reporting person was granted RSUs to vest and forfeiture restrictions thereon to lapse on June 15, 2024, subject to continued service during the vesting period and the RSU Agreement. The service of the reporting persons ceased on December 31, 2023, and, per section 2.2(b) of the grant notice, the reporting person received 1,468 ordinary shares and the remaining 1,212 RSUs were forfeited.
F5 This number reflects the number of derivative securities beneficially owned following reported transaction for this specific grant.