SEC Form 4 · accession 0001209191-16-095453
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
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 6:01 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 | Feb 1, 2016 | M | 1,250 | $0.00 | A | 7,427 | D | |
| Common StockF1 | Feb 1, 2016 | M | 5,339 | $0.00 | A | 12,766 | D | |
| Common StockF1 | Feb 1, 2016 | M | 3,193 | $0.00 | A | 15,959 | D | |
| Common StockF2,F1 | Feb 1, 2016 | F | 3,674 | $46.60 | D | 12,285 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUsF3,F4 | $0.00 | Feb 1, 2016 | M | 1,250 | D | — | — | Common Stock | 1,250 | 0 | D |
| RSUsF3,F5 | $0.00 | Feb 1, 2016 | M | 5,339 | D | — | — | Common Stock | 5,339 | 5,339 | D |
| PRSUsF6,F7 | $0.00 | Jan 26, 2016 | M | 3,193 | D | — | — | Common Stock | 3,193 | 9,576 | 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.
- F2Shares withheld by the Issuer to satisfy tax withholding obligations.
- F3Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting.
- F4This RSU award was granted to the Reporting Person on February 27, 2012. In accordance with the terms of the RSU award, the award vested as to 1,250 shares on each of February 1, 2013, February 1, 2014, February 1, 2015 and February 1, 2016.
- F5This RSU award was granted to the Reporting Person on February 26, 2013. In accordance with the terms of the RSU award, the award vested as to 5,340 shares on February 1, 2014, 5,399 shares on each of February 1, 2015 and February 1, 2016 and will vest as to 5,399 shares February 1, 2017.
- F6Each Performance Restricted Stock Unit ("PRSU") represents the right to receive one share of the Issuer's common stock upon vesting.
- F7This PRSU award was granted to the Reporting Person on February 17, 2015. In accordance with the terms of the PRSU award, the award vested as to 3,193 shares on February 1, 2016 and will vest as to 3,192 shares on each of February 1, 2017, February 1, 2018 and February 1, 2019.