Michael Karavitis - 13 May 2021 Form 3 Insider Report for CUTERA INC (CUTRQ)

Role
EVP, Chief Technology Officer
Signature
/s/ Rohan Seth, by power of attorney
Issuer symbol
CUTRQ
Transactions as of
13 May 2021
Net transactions value
$0
Form type
3
Filing time
24 May 2021, 20:59:31 UTC
Next filing
24 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CUTR COMMON STOCK 67,930 13 May 2021 Direct F1, 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
holding CUTR Stock Option (Right to Buy) 13 May 2021 Common Stock 20,000 $39.30 Direct F3
holding CUTR Stock Option (Right to Buy) 13 May 2021 Common Stock 7,499 $32.87 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F2 Certain of these securities are performance stock units (PSUs). Each PSU represents a contingent right to receive one share of Common Stock. As determined by the Issuer's Board of Directors. the performance condition pertaining to the PSUs has been achieved and the PSUs will vest on January 1, 2022.
F3 One-fourth of the shares subject to the option vested on August 21, 2018, and 1/48 of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F4 One-fourth of the shares subject to the option shall vest on February 12, 2022, and 1/48 of the shares subject to the option shall vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Remarks:

Exhibit 24 - Power of Attorney