SEC Form 4 · accession 0001209191-15-048408
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack R Blair
Director
Period of report
May 28, 2015
Accepted (ET)
Jun 1, 2015 · 5:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001142596
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 28, 2015 | M | 6,000 | $19.00 | A | 61,823 | D | |
| Common StockF2,F1 | May 28, 2015 | F | 2,297 | $49.62 | D | 61,823 | D | |
| Common StockF3,F1 | May 29, 2015 | S | 3,703 | $50.1618 | D | 55,823 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $19.00 | May 28, 2015 | I | 6,000 | A | — | Jul 27, 2015 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1Shares directly held by the Reporting Person. The Reporting Person also holds conditional rights to receive or purchase (as appropriate) shares pursuant to previously disclosed Company equity awards.
- F2Payment of exercise price by Issuer's withholding of shares incident to the respective option exercise.
- F3Weighted average from 13 transactions with prices ranging from $50.1301 to $50.1800. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares sold at each separate price.
- F4The option, representing a right to purchase a total of 6,000 shares, became exercisable as follows: 1/12th of the shares vested monthly over twelve months so that all shares were fully vested as of July 27, 2006.