SEC Form 4 · accession 0001209191-16-135293
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Hannon
Officer — EVP, International
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 6:04 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 | Aug 1, 2016 | M | 48,540 | $32.80 | A | 83,925 | D | |
| Common StockF2,F1 | Aug 1, 2016 | F | 37,356 | $63.29 | D | 46,569 | D | |
| Common StockF3,F4,F1 | Aug 2, 2016 | S | 11,184 | $62.70 | D | 35,385 | 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)F5 | $32.80 | Aug 1, 2016 | M | 48,540 | D | — | Jan 4, 2020 | Common Stock | 48,540 | 48,540 | 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.
- F2Payment of exercise price and tax liability by Issuer's withholding of shares incident to the respective option exercise.
- F3Sales effected pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person, which is intended to comply with Rule 10b5-1.
- F4Weighted average sales price from sales transactions ranging from $62.49 to $63.00. Upon request by the Commission staff or a security holder of the Issuer, either the Issuer or the Reporting Person will undertake to provide full information regarding the number of shares sold at each separate price.
- F5The option, representing a right to purchase a total of 97,080 shares, was granted on January 4, 2010 and is fully vested.