SEC Form 4 · accession 0001209191-15-064013
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Hannon
Officer — EVP, Int'l and General Counsel
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 4:10 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 | Aug 3, 2015 | M | 3,492 | $38.94 | A | 33,565 | D | |
| Common StockF2,F3,F1 | Aug 3, 2015 | S | 15,000 | $54.78 | D | 18,565 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $38.94 | Aug 3, 2015 | M | 3,492 | D | — | Jan 4, 2018 | Common Stock | 3,492 | 413 | D |
Explanation of responses
- F1Shares directly held by the Reporting Person. The Reporting Person also holds conditional rights to receive shares pursuant to previously disclosed Issuer equity awards.
- F2Sales effected pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person, which is intended to comply with Rule 10b5-1.
- F3Weighted average sales price from sales transactions ranging from $54.55 to $54.99 per share. 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 3,905 shares, was granted on January 4, 2008 and is fully vested.