SEC Form 4 · accession 0001209191-16-095480
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
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 6:20 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 | 9,165 | $0.00 | A | 40,811 | D | |
| Common StockF1 | Feb 1, 2016 | M | 5,304 | $0.00 | A | 46,115 | D | |
| Common StockF1 | Feb 1, 2016 | M | 14,927 | $0.00 | A | 61,042 | D | |
| Common StockF1 | Feb 1, 2016 | M | 4,257 | $0.00 | A | 65,299 | D | |
| Common StockF2,F1 | Feb 1, 2016 | F | 17,333 | $46.60 | D | 47,966 | 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 | 9,165 | D | — | — | Common Stock | 9,165 | 0 | D |
| RSUsF3,F5 | $0.00 | Feb 1, 2016 | M | 5,304 | D | — | — | Common Stock | 5,304 | 5,303 | D |
| PRSUsF6,F7 | $0.00 | Feb 1, 2016 | M | 14,927 | D | — | — | Common Stock | 14,927 | 14,927 | D |
| PRSUsF6,F8 | $0.00 | Feb 1, 2016 | M | 4,257 | D | — | — | Common Stock | 4,257 | 12,768 | 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.
- 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 26, 2013. In accordance with the terms of the RSU award, the award vested as to 9,165 shares on each of February 1, 2014, February 1, 2015 and February 1, 2016.
- F5This RSU award was granted to the Reporting Person on February 19, 2014. In accordance with the terms of the RSU award, the award vested as to 5,304 shares on each of February 1, 2015 and February 1, 2016 and will vest as to 5,303 shares on 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 19, 2014. In accordance with the terms of the PRSU award, the award vested as to 14,927 shares on February 1, 2016 and will vest as to 14,927 shares on February 1, 2017.
- F8This 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 4,257 shares on February 1, 2016 and will vest as to 4,256 shares on each of February 1, 2017, February 1, 2018 and February 1, 2019.