SEC Form 4 · accession 0001209191-16-094003
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Quentin S. Blackford
Officer — CFO and CAO
Period of report
Jan 26, 2016
Accepted (ET)
Jan 28, 2016 · 6:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001142596
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PRSUsF1,F2 | $0.00 | Jan 26, 2016 | A | 12,769 | A | — | — | Common Stock | 12,769 | 12,769 | D |
Explanation of responses
- F1Each performance restricted stock unit ("PRSU") represents the right to receive one share of the Issuer's common stock upon vesting.
- F2This PRSU award was granted to the Reporting Person on February 17, 2015. On January 26, 2016, the Compensation Committee of the Issuer's Board of Directors certified that the PRSU award's performance condition had been satisfied. In accordance with the terms of the PRSU award, the award will vest as to 3,193 shares on February 1, 2016 and 3,192 shares on each of February 1, 2017, February 1, 2018 and February 1, 2019. As the PRSU award did not constitute a derivative security, it was not required to be reported and was not reported on a Form 4 at the time of grant.