Stephanie Bolton - 30 Mar 2025 Form 4 Insider Report for LivaNova PLC (LIVN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Apr 2025, 21:01:28 UTC
Prior SEC filing
02 Apr 2024
Next SEC filing
01 Apr 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sarah K. Mohr, Attorney-in-Fact

Key filing fact

Stephanie Bolton filed Form 4 for LivaNova PLC (LIVN) on 01 Apr 2025.

Key facts

  • This page summarizes Stephanie Bolton's Form 4 filing for LivaNova PLC (LIVN).
  • 14 reported transactions and 12 derivative rows are listed below.
  • Accepted by SEC: 01 Apr 2025, 21:01.

Change

  • Previous filing in this sequence was filed on 02 Apr 2024.
  • Current net transaction value: -$110,934.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LIVN transaction

Ordinary Shares

Options Exercise

Transaction value
$0
Shares
+6,024
Change %
+63%
Price
$0.000000
Shares after
15,586
Date
30 Mar 2025
Ownership
Direct
Footnotes
F1
LIVN transaction

Ordinary Shares

Tax liability

Transaction value
$110,934
Shares
-2,835
Change %
-18%
Price
$39.13
Shares after
12,751
Date
30 Mar 2025
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LIVN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-426
Change %
-100%
Price
$0.000000
Shares after
0
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
426
Exercise price
Footnotes
F3, F4
LIVN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-457
Change %
-50%
Price
$0.000000
Shares after
457
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
457
Exercise price
Footnotes
F3, F5
LIVN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,330
Change %
-33%
Price
$0.000000
Shares after
2,659
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
1,330
Exercise price
Footnotes
F6, F7
LIVN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,229
Change %
-25%
Price
$0.000000
Shares after
3,686
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
1,229
Exercise price
Footnotes
F6, F8
LIVN transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$0
Shares
-805
Change %
-100%
Price
$0.000000
Shares after
0
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
805
Exercise price
Footnotes
F9, F10
LIVN transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$0
Shares
-717
Change %
-100%
Price
$0.000000
Shares after
0
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
717
Exercise price
Footnotes
F9, F11
LIVN transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$0
Shares
-1,060
Change %
-100%
Price
$0.000000
Shares after
0
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
1,060
Exercise price
Footnotes
F9, F12
LIVN transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+7,027
Change %
Price
$0.000000
Shares after
7,027
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
7,027
Exercise price
Footnotes
F6, F13
LIVN transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+3,513
Change %
Price
$0.000000
Shares after
3,513
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
3,513
Exercise price
Footnotes
F14, F15
LIVN transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+3,513
Change %
Price
$0.000000
Shares after
3,513
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
3,513
Exercise price
Footnotes
F14, F16
LIVN transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+7,027
Change %
Price
$0.000000
Shares after
7,027
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
7,027
Exercise price
Footnotes
F14, F17
LIVN transaction Derivative

Stock Appreciation Rights

Award

Transaction value
$0
Shares
+15,385
Change %
Price
$0.000000
Shares after
15,385
Date
30 Mar 2025
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
15,385
Exercise price
$39.13
Footnotes
F18
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 18 footnotes

Footnote F1

Reporting person had vested restricted stock units (RSUs) and vested performance stock units (PSUs) settled in ordinary shares of LivaNova PLC (the Company), GBP 1.00 par value.

Footnote F2

Shares withheld to satisfy tax liability.

Footnote F3

Each RSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the Company's 2015 Incentive Award Plan (the 2015 Plan) and the award agreement.

Footnote F4

On March 30, 2021, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the first vesting having occurred on March 30, 2022. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the 2015 Plan and the award agreement.

Footnote F5

On March 30, 2022, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the first vesting having occurred on March 30, 2023. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the 2015 Plan and the award agreement.

Footnote F6

Each 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 2022 Plan) and the award agreement.

Footnote F7

On March 30, 2023, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the first vesting having occurred on March 30, 2024. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the 2022 Plan and the award agreement.

Footnote F8

On March 30, 2024, reporting person was granted RSUs subject to a four-year vesting in equal annual installments, the first vesting having occurred on March 30, 2025. The RSUs are subject to forfeiture prior to vesting in accordance with the terms of the 2022 Plan and the award agreement.

Footnote F9

Each PSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the 2015 Plan and the award agreement.

Footnote F10

On March 30, 2022, reporting person was granted PSUs to vest or lapse on March 30, 2025 based on the Company's cumulative adjusted free cash flow (FCF) for performance period 2022-2024 compared to a target determined by the 2015 Plan Administrator. The Company has determined that 88.1% of the underlying PSUs shall vest on March 30, 2025, subject to continued service during the vesting period and the award agreement. The performance achieved was 88.1%, and the actual number of vested shares is presented as the quantity that was acquired.

Footnote F11

On March 30, 2022, reporting person was granted PSUs to vest or lapse on March 30, 2025 based on the Company's Return on Investment Capital (ROIC) for performance period 2022-2024 compared to a target determined by the 2015 Plan Administrator. The performance achieved was 78.5%, and the actual number of vested shares is presented as the quantity that was acquired.

Footnote F12

On March 30, 2022, reporting person was granted PSUs to vest or lapse on March 30, 2025 based on the Company's total shareholder return (TSR) for the three-year period beginning on January 1, 2022 and ending December 31, 2024 relative to the total shareholder return of a peer group of companies, as determined by the 2015 Plan Administrator. The Company's performance achieved a result of 58%, and the actual number of vested shares is presented as the quantity that was acquired.

Footnote F13

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 2022 Plan and the award agreement.

Footnote F14

Each PSU represents a contingent right to receive one ordinary share of the Company in accordance with the terms of the 2022 Plan and the award agreement.

Footnote F15

On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on how the Company's FCF for performance period 2025-2027 compares to a target determined by the 2022 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.

Footnote F16

On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on how the Company's ROIC calculated for the performance period 2025-2027 compares to a target determined by the 2022 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.

Footnote F17

On March 30, 2025, reporting person was granted PSUs to vest or lapse on March 30, 2028 based on the Company's 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 2022 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.

Footnote F18

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.

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