Sec Form 4 Filing - Cannon James J @ FLIR SYSTEMS INC - 2020-04-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Cannon James J
2. Issuer Name and Ticker or Trading Symbol
FLIR SYSTEMS INC [ FLIR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
27700 SW PARKWAY AVE
3. Date of Earliest Transaction (MM/DD/YY)
04/27/2020
(Street)
WILSONVILLE, OR97070
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/27/2020 F 5,832 ( 1 ) D $ 41.25 126,540 D
Common Stock 04/27/2020( 2 ) F 6,174 ( 3 ) D $ 41.25 120,366 D
Common Stock 04/28/2020 A 55,603 ( 4 ) A $ 0 175,969 D
Common Stock 04/28/2020 F 26,857 ( 5 ) D $ 43.02 149,112 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cannon James J
27700 SW PARKWAY AVE
WILSONVILLE, OR97070
President and CEO
Signatures
Sonia Galindo, Attorney in fact for James J. Cannon 04/29/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of restricted stock units that were originally granted on April 27, 2018.
( 2 )The transaction was executed on April 27, 2020 because the vesting date of April 26, 2020 was not a business day.
( 3 )These shares were forfeited to satisfy tax withholding obligations in connection with the vesting of restricted stock units that were originally granted on April 26, 2019.
( 4 )Represents shares of common stock acquired upon the settlement of performance-based restricted stock units granted on June 26, 2017.
( 5 )These shares were forfeited to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock units granted on June 26, 2017.

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