SEC Form 4 · accession 0001209191-15-069086
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Miles
Officer — President and COO
Period of report
Aug 31, 2015
Accepted (ET)
Sep 2, 2015 · 4:17 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 31, 2015 | M | 139 | $18.31 | A | 92,627 | D | |
| Common StockF2,F1 | Aug 31, 2015 | S | 700 | $53.07 | D | 91,927 | D | |
| Common StockF2,F3,F1 | Aug 31, 2015 | S | 14,300 | $53.35 | D | 77,627 | D | |
| Common StockF2,F4,F1 | Sep 1, 2015 | S | 15,000 | $52.03 | D | 62,627 | 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)F5 | $18.31 | Aug 31, 2015 | M | 139 | D | — | Jan 3, 2016 | Common Stock | 139 | 0 | 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 Company equity awards.
- F2Sales effected pursuant to a Rule 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 $53.10 to $54.10. 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.
- F4Weighted average sales price from sales transactions ranging from $51.66 to $52.25. 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.
- F5The option, representing a right to purchase a total of 10,939 shares, was granted on January 3, 2006 and is fully vested.