SEC Form 4 · accession 0001209191-17-029746
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Miles
Director
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 5:55 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 | May 1, 2017 | M | 5,599 | $0.00 | A | 90,677 | D | |
| Common StockF2,F1 | May 1, 2017 | F | 2,921 | $72.91 | D | 87,756 | 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 | May 1, 2017 | M | 5,599 | D | — | — | Common Stock | 5,599 | 11,198 | 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 429 shares acquired under the Issuer's employee stock purchase plan in April 2017.
- 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 May 1, 2015. In accordance with the terms of the RSU award, the award vested as to 5,600 shares on May 1, 2016, vested as to 5,599 shares on May 1, 2017 and will vest as to 5,599 shares on each of May 1, 2018 and May 1, 2019.