Ahmet Tezel - 30 Mar 2025 Form 4 Insider Report for LivaNova PLC (LIVN)

Role: Chief Innovation Officer
Signature: /s/ Sarah K. Mohr, Attorney-in-Fact
Issuer symbol: LIVN
Transactions as of: 30 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 01 Apr 2025, 21:01:37 UTC
Previous filing: 18 Jun 2024
Next filing: 17 Jun 2025
SEC: View on sec.gov

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	Award	$0	+10,222		$0.000000	10,222	30 Mar 2025	Ordinary Shares	10,222		Direct	F1, F2
transaction	LIVN	Performance Stock Units	Award	$0	+5,111		$0.000000	5,111	30 Mar 2025	Ordinary Shares	5,111		Direct	F3, F4
transaction	LIVN	Performance Stock Units	Award	$0	+5,111		$0.000000	5,111	30 Mar 2025	Ordinary Shares	5,111		Direct	F3, F5
transaction	LIVN	Performance Stock Units	Award	$0	+10,222		$0.000000	10,222	30 Mar 2025	Ordinary Shares	10,222		Direct	F3, F6
transaction	LIVN	Stock Appreciation Rights	Award	$0	+22,378		$0.000000	22,378	30 Mar 2025	Ordinary Shares	22,378	$39.13	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit (RSU) represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the Company's 2022 Incentive Award Plan (the Plan) and the award agreement.
F2	On March 30, 2025, reporting person was granted RSUs subject to a three-year vesting in equal annual installments, the first vesting occurring on March 30, 2026. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.
F3	Each performance stock unit (PSU) represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the Plan and the award agreement.
F4	On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on how the Company's free cash flow (FCF) for performance period 2025-2027 compares to a target determined by the Plan Administrator. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting subject to continued service during the vesting period and the award agreement.
F5	On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on how the Company's Return on Investment Capital (ROIC) calculated for the performance period 2025-2027 compares to a target determined by the Plan Administrator. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting subject to continued service during the vesting period and the award agreement.
F6	On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on the Company's total shareholder return (TSR) for the three-year period beginning on January 1, 2025 and ending December 31, 2027 relative to the TSR of an index of companies, as determined by the Plan Administrator. The number included in column 5 of Table II reflects the target number of PSUs eligible for vesting subject to continued service during the vesting period and the award agreement.
F7	On March 30, 2025, reporting person was granted stock appreciation rights (SARs) subject to a four-year vesting in equal annual installments, the first vesting occurring on March 30, 2026. The SARs are subject to forfeiture prior to vesting in accordance with the terms of the Plan and the award agreement.