SEC Form 4 · accession 0001209191-17-007775
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cox Carol
Officer — EVP Ext Affairs & Corp Mktg
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 5:53 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 | Feb 1, 2017 | M | 1,929 | $0.00 | A | 10,493 | D | |
| Common StockF2,F1 | Feb 1, 2017 | F | 810 | $70.76 | D | 9,683 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PRSUsF3,F4 | $0.00 | Feb 1, 2017 | M | 1,929 | D | — | — | Common Stock | 1,929 | 3,857 | 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 Performance Restricted Stock Unit ("PRSU") represents the right to receive one share of the Issuer's common stock upon vesting.
- F4This PRSU award was granted to the Reporting Person on February 17, 2015. In accordance with the terms of the PRSU award, the award vested as to 1,929 shares on February 1, 2016 and February 1, 2017, will vest as to 1,929 shares on February 1, 2018 and will vest as to 1,928 shares on February 1, 2019.