SEC Form 4 · accession 0001209191-16-135294
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lesley H Howe
Director
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 6:05 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 | 6,000 | $25.30 | A | 17,830 | D | |
| Common StockF2,F1 | Aug 1, 2016 | F | 2,398 | $63.29 | D | 15,432 | D | |
| Common StockF3,F1 | Aug 2, 2016 | S | 3,602 | $62.44 | D | 11,830 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $25.30 | Aug 1, 2016 | M | 6,000 | D | — | May 24, 2017 | Common Stock | 6,000 | 0 | 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.
- F2Payment of exercise price by Issuer's withholding of shares incident to the respective option exercise.
- F3Weighted average sales price from sales transactions ranging from $62.29 to $62.59. 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.
- F4The option, representing a right to purchase a total of 6,000 shares, was granted on May 24, 2007 and is fully vested.