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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( D ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( D ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Title of each class Common Shares , without Ohio ( State or other Jurisdiction of Incorporation or Organization ) Large Accelerated filer Non - accelerated filer to INVACARE CORPORATION ( Exact name of Registrant as specified in its charter ) Commission file number 1-15103 par value One Invacare Way , Elyria , Ohio 44035 ( Address of principal executive offices ) ( Zip Code ) Registrant's telephone number , including area code : ( 440 ) 329-6000 95-2680965 ( I.R.S. Employer Identification Number ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol Name of exchange on which registered New York Stock Exchange IVC Securities registered pursuant to Section 12 ( g ) of the Act : None No X No Indicate by check mark if the registrant is a well - known seasoned issuer , as defined by Rule 405 of the Securities Act . Yes Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes Indicate by check mark whether the Registrant ( 1 ) has filed all reports to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the Registrant was required to file such reports ) and ( 2 ) has been subject to the filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site , if any , every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S - T during the preceding 12 months ( or for such short period that the registrant was required to submit and post such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , or a smaller reporting company . See definitions of " large accelerated filer " , " accelerated filer ” and “ smaller reporting company " in Rule 12b - 2 of the Exchange Act . X Emerging growth company Accelerated filer Smaller reporting company ☐ If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report Yes No Indicate by check mark whether the registrant is a shell company ( as defined by Rule 12b - 2 of the Act ) . Yes No As of June 30 , 2020 , the aggregate market value of the 32,491,367 Common Shares of the Registrant held by non - affiliates was $ 206,970,008 and the aggregate market value of the 6,357 Class B Common Shares of the Registrant held by non - affiliates was $ 40,494 . While the Class B Common Shares are not listed for public trading on any exchange or market system , shares of that class are convertible into Common Shares at any time on a share - for share basis . The market values indicated were calculated based upon the last sale price of the Common Shares as reported by The New York Stock Exchange on June 30 , 2020 , which was $ 6.37 . For purposes of this information , the 1,921,755 Common Shares and 0 Class B Common Shares which were held by Executive Officers and Directors of the Registrant were deemed to be the Common Shares and Class B Common Shares held by affiliates . As of March 1 , 2021 , there were 34,420,502 Common Shares and 3,667 Class B Common Shares outstanding . Documents Incorporated By Reference Portions of the Registrant's definitive Proxy Statement to be filed in connection with its 2021 Annual Meeting of Shareholders are incorporated by reference into Part III ( Items 10 , 11 , 12 , 13 and 14 ) of this report . Except as otherwise stated , the information contained in this Annual Report on Form 10 - K is as of December 31 , 2020 .