SEC Form 4 · accession 0001209191-16-144595
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Link
Officer — President, U.S. Commercial
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 5:59 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 | Oct 1, 2016 | M | 1,250 | $0.00 | A | 78,985 | D | |
| Common StockF2,F1 | Oct 1, 2016 | F | 652 | $66.66 | D | 78,333 | 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 | Oct 1, 2016 | M | 1,250 | D | — | — | Common Stock | 1,250 | 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. Amount includes 505 shares acquired under the Issuer's employee stock purchase plan in April 2016.
- F2Payment of tax liability by Issuer's withholding of shares incident to the respective settlement of vested shares.
- 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 October 8, 2012. In accordance with the terms of the RSU award, the award vested as to 1,250 shares on each of October 1, 2013, October 1, 2014, October 1, 2015 and October 1, 2016.