SEC Form 4 · accession 0001209191-17-001323
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Quentin S. Blackford
Officer — CFO
Period of report
Jan 1, 2017
Accepted (ET)
Jan 4, 2017 · 6:00 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 | Aug 3, 2016 | G | 319 | $0.00 | D | 13,966 | D | |
| Common StockF1 | Aug 4, 2016 | G | 558 | $0.00 | D | 13,408 | D | |
| Common StockF1 | Jan 1, 2017 | M | 5,924 | $0.00 | A | 19,332 | D | |
| Common StockF2,F1 | Jan 1, 2017 | F | 3,593 | $67.36 | D | 15,739 | 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 | Jan 1, 2017 | M | 5,924 | D | — | — | Common Stock | 5,924 | 5,924 | 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.
- 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 January 26, 2014. In accordance with the terms of the RSU award, the award vested as to 5,925 shares on January 1, 2015, vested as to 5,924 shares on each of January 1, 2016 and January 1, 2017, and will vest as to 5,924 shares on January 1, 2018.