Natalia Kozmina - Mar 30, 2025 Form 4 Insider Report for LivaNova PLC (LIVN)

Role
Chief Human Resources Officer
Signature
/s/ Sarah K. Mohr, Attorney-in-Fact
Stock symbol
LIVN
Transactions as of
Mar 30, 2025
Transactions value $
$0
Form type
4
Date filed
4/1/2025, 09:00 PM
Previous filing
Jan 17, 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 +12.8K $0.00 12.8K Mar 30, 2025 Ordinary Shares 12.8K Direct F1, F2
transaction LIVN Restricted Stock Units Award $0 +6.39K $0.00 6.39K Mar 30, 2025 Ordinary Shares 6.39K Direct F1, F2
transaction LIVN Performance Stock Units Award $0 +3.19K $0.00 3.19K Mar 30, 2025 Ordinary Shares 3.19K Direct F3, F4
transaction LIVN Performance Stock Units Award $0 +3.19K $0.00 3.19K Mar 30, 2025 Ordinary Shares 3.19K Direct F3, F5
transaction LIVN Performance Stock Units Award $0 +6.39K $0.00 6.39K Mar 30, 2025 Ordinary Shares 6.39K Direct F3, F6
transaction LIVN Stock Appreciation Rights Award $0 +14K $0.00 14K Mar 30, 2025 Ordinary Shares 14K $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 LivaNova PLC 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.