SEC Form 4 · accession 0001209191-16-122727
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack R Blair
Director
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 6:00 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,F2 | May 19, 2016 | M | 11,892 | $0.00 | A | 80,054 | 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 | May 19, 2016 | M | 2,833 | D | — | — | Common Stock | 2,833 | 0 | D |
| RSUsF3,F5 | $0.00 | May 19, 2016 | M | 2,833 | D | — | — | Common Stock | 2,833 | 0 | D |
| RSUsF3,F6 | $0.00 | May 19, 2016 | M | 3,725 | D | — | — | Common Stock | 3,725 | 0 | D |
| RSUsF3,F7 | $0.00 | May 19, 2016 | M | 2,501 | D | — | — | Common Stock | 2,501 | 0 | D |
Explanation of responses
- F1On May 19, 2016, the Reporting Person retired from his position as a member of the Issuer's Board of Directors. Pursuant to deferral elections made by the Reporting Person, all shares underlying Restricted Stock Units ("RSUs") subject to such deferrals will be delivered to the Reporting Person promptly following May 19, 2016, the date on which the Reporting Person retired.
- F2Shares directly held by the Reporting Person. The Reporting Person also holds conditional rights to receive shares pursuant to previously disclosed Company equity awards.
- F3Each 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 May 24, 2012 and is fully vested.
- F5This RSU award was granted to the Reporting Person on May 23, 2013 and is fully vested.
- F6This RSU award was granted to the Reporting Person on May 22, 2014 and is fully vested.
- F7This RSU award was granted to the Reporting Person on June 12, 2015 and is fully vested.