0001628280-24-032157.txt : 20240717 0001628280-24-032157.hdr.sgml : 20240717 20240717213305 ACCESSION NUMBER: 0001628280-24-032157 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240715 FILED AS OF DATE: 20240717 DATE AS OF CHANGE: 20240717 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Drummond Stuart CENTRAL INDEX KEY: 0001977469 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50644 FILM NUMBER: 241123575 MAIL ADDRESS: STREET 1: C/O CUTERA, INC. STREET 2: 3240 BAYSHORE BLVD. CITY: BRISBANE STATE: CA ZIP: 94005 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CUTERA INC CENTRAL INDEX KEY: 0001162461 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 770492262 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3240 BAYSHORE BOULEVARD CITY: BRISBANE STATE: CA ZIP: 94005 BUSINESS PHONE: 94005 MAIL ADDRESS: STREET 1: 3240 BAYSHORE BOULEVARD CITY: BRISBANE STATE: CA ZIP: 94005 FORMER COMPANY: FORMER CONFORMED NAME: ALTUS MEDICAL INC DATE OF NAME CHANGE: 20011119 4 1 wk-form4_1721266378.xml FORM 4 X0508 4 2024-07-15 0 0001162461 CUTERA INC CUTR 0001977469 Drummond Stuart C/O CUTERA, INC. 3240 BAYSHORE BLVD. BRISBANE CA 94005 0 1 0 0 Interim CFO 0 Stock Option (Right to Buy) 33.45 2024-07-15 4 D 0 2949 0 D 2029-02-20 COMMON STOCK 2949 0 D Stock Option (Right to Buy) 1.54 2024-07-15 4 A 0 2949 0 A 2029-02-20 COMMON STOCK 2949 2949 D Stock Option (Right to Buy) 19.44 2024-07-15 4 D 0 2519 0 D 2030-04-12 COMMON STOCK 2519 0 D Stock Option (Right to Buy) 1.54 2024-07-15 4 A 0 2519 0 A 2030-04-12 COMMON STOCK 2519 2519 D Stock Option (Right to Buy) 2.11 2024-07-15 4 D 0 25000 0 D 2031-03-06 COMMON STOCK 25000 0 D Stock Option (Right to Buy) 1.54 2024-07-15 4 A 0 25000 0 A 2031-03-06 COMMON STOCK 25000 25000 D Stock Option (Right to Buy) 2.23 2024-07-15 4 D 0 25000 0 D 2031-05-13 COMMON STOCK 25000 0 D Stock Option (Right to Buy) 1.54 2024-07-15 4 A 0 25000 0 A 2031-05-13 COMMON STOCK 25000 25000 D One-fourth of the shares subject to the option vested on January 1, 2023, 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. On July 15, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $1.54 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable. One-fourth of the shares subject to the option vested on January 1, 2024, 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. 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. The shares subject to the option shall vest 1/48 per month from April 25, 2024, subject to the Reporting Person continuing to be a service provider through each such date. /s/ Stuart Drummond 2024-07-17