SEC Form 4 · accession 0001209191-17-034408
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Ohalleran
Director
Period of report
May 18, 2017
Accepted (ET)
May 22, 2017 · 5:54 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 18, 2017 | M | 1,890 | $0.00 | A | 10,295 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUsF2,F3 | $0.00 | May 18, 2017 | M | 1,890 | D | — | — | Common Stock | 1,890 | 0 | D |
| RSUsF2,F4 | $0.00 | May 18, 2017 | A | 2,130 | A | — | — | Common Stock | 2,130 | 2,130 | 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.
- F2Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting.
- F3This RSU award was granted to the Reporting Person on August 1, 2016. In accordance with the terms of the RSU award, the award vested in full on May 18, 2017, the date of the Issuer's 2017 Annual Meeting of Stockholders.
- F4Award of RSUs pursuant to Issuer's Board of Director's compensation policies granted under Issuer's 2014 Equity Incentive Plan. The grant will vest in full on the first to occur of (1) Issuer's 2018 Annual Meeting of Stockholders, or (2) the one-year anniversary of the date of grant.