SEC Form 4 · accession 0001209191-15-083316
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
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 5:33 pm EST
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,F2 | Dec 1, 2015 | S | 981 | $52.19 | D | 31,646 | D | |
| Common StockF2 | Dec 2, 2015 | M | 3,892 | $38.94 | A | 35,538 | D | |
| Common StockF1,F3,F2 | Dec 2, 2015 | S | 3,892 | $52.58 | D | 31,646 | D | |
| Common StockF2 | Dec 2, 2015 | M | 82,080 | $38.94 | A | 113,726 | D | |
| Common StockF4,F2 | Dec 2, 2015 | F | 71,953 | $52.48 | D | 41,773 | D | |
| Common StockF1,F5,F2 | Dec 3, 2015 | S | 1,000 | $52.53 | D | 40,773 | 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)F6 | $38.94 | Dec 2, 2015 | M | 3,892 | D | — | Jan 4, 2018 | Common Stock | 3,892 | 0 | D |
| Employee Stock Option (Right to Buy)F7 | $38.94 | Dec 2, 2015 | M | 82,080 | D | — | Jan 4, 2018 | Common Stock | 82,080 | 64,028 | D |
Explanation of responses
- F1Sales effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person, which is intended to comply with Rule 10b5-1.
- F2Shares directly held by the Reporting Person. The Reporting Person also holds conditional rights to receive shares pursuant to previously disclosed Company equity awards.
- F3Weighted average sales price from sales transactions ranging from $52.55 to $52.73. 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.
- F4Payment of exercise price and tax liability by Issuer's withholding of shares incident to the respective option exercise.
- F5Weighted average sales price from sales transactions ranging from $52.45 to $52.63. 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.
- F6The option, representing a right to purchase a total of 3,892 shares, was granted on January 4, 2008 and is fully vested.
- F7The option, representing a right to purchase a total of 146,108 shares, was granted on January 4, 2008 and is fully vested.