Michael Karavitis - 13 May 2024 Form 4 Insider Report for CUTERA INC (CUTRQ)

Signature
/s/ Michael Karavitis
Issuer symbol
CUTRQ
Transactions as of
13 May 2024
Net transactions value
-$1,715
Form type
4
Filing time
14 May 2024, 18:21:07 UTC
Previous filing
02 Apr 2024
Next filing
16 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUTR COMMON STOCK Tax liability $1,715 -769 -1.1% $2.23 70,916 13 May 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 +55,000 +78% $0.000000 125,704 13 May 2024 COMMON STOCK 55,000 $2.23 Direct F2, F3
* 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 2,086 Restricted Stock Units vesting on May 13, 2024. Such withholding is required by the Company's 2019 Equity Incentive Plan.
F2 The stock options vest 1/48 per month from April 25, 2024, subject to the Reporting Person continuing to be a service provider of the Company.
F3 The expiration date is subject to earlier expiration upon the termination of the Reporting Person's service with the Company.