Michael Karavitis - 03 Jan 2023 Form 4 Insider Report for CUTERA INC (CUTRQ)

Role
EVP, Chief Technology Officer
Signature
/s/ Michael Karavitis
Issuer symbol
CUTRQ
Transactions as of
03 Jan 2023
Net transactions value
-$169,296
Form type
4
Filing time
04 Jan 2023, 18:56:39 UTC
Previous filing
01 Dec 2022
Next filing
02 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUTR COMMON STOCK Tax liability $97,894 -2,291 -3.3% $42.73* 66,435 03 Jan 2023 Direct F1, F2
transaction CUTR COMMON STOCK Award $0 +4,837 +7.3% $0.000000 71,272 03 Jan 2023 Direct F3
transaction CUTR COMMON STOCK Tax liability $71,402 -1,671 -2.3% $42.73* 69,601 03 Jan 2023 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the total number of shares withheld by the Company to settle the Reporting Person's tax liability for 5,988 Restricted Stock Units vesting on January 1, 2023. Such withholding is required by the Company's 2019 Equity Incentive Plan.
F2 These shares were withheld in multiple transactions at a price of $42.73.
F3 Stock issued pursuant to the vesting of Performance Stock Units (PSUs) granted on February 12, 2021.
F4 Represents the total number of shares withheld by the Company to settle the Reporting Person's tax liability for 4,837 PSUs vesting on January 1, 2023. Such withholding is required by the Company's 2019 Equity Incentive Plan.