Michael Karavitis - 06 Mar 2024 Form 4 Insider Report for CUTERA INC (CUTRQ)

Signature
/s/ Michael Karavitis
Issuer symbol
CUTRQ
Transactions as of
06 Mar 2024
Net transactions value
-$2,042
Form type
4
Filing time
08 Mar 2024, 17:49:28 UTC
Previous filing
02 Nov 2023
Next filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUTR COMMON STOCK Tax liability $2,042 -968 -1.3% $2.11 72,186 06 Mar 2024 Direct F1

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 CUTR Stock Option (Right to Buy) Award $0 +25,000 +55% $0.000000 70,704 06 Mar 2024 COMMON STOCK 25,000 $2.11 Direct F2
* 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 2,576 Restricted Stock Units vesting on March 6, 2024. Such withholding is required by the Company's 2019 Equity Incentive Plan.
F2 The stock options will vest according to the following schedule: 50% of the shares subject to the option shall vest on November 21, 2024 and then 1/24 monthly thereafter for 12 months, subject to the reporting person continuing to be a service provider through each such date.