SEC Form 4 · accession 0001209191-18-007626
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory T Lucier
Officer — Chairman & CEO · Director
Period of report
Feb 1, 2018
Accepted (ET)
Feb 5, 2018 · 5:54 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, 2018 | M | 13,998 | $0.00 | A | 134,423 | I | Family Trust |
| Common StockF2,F1 | Feb 1, 2018 | F | 4,907 | $48.50 | D | 129,516 | I | Family Trust |
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, 2018 | M | 13,998 | D | — | — | Common Stock | 13,998 | 13,997 | D |
Explanation of responses
- F1Shares indirectly held by the Reporting Person. The Reporting Person also holds conditional rights to directly receive shares pursuant to previously disclosed Company 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 May 22, 2015. In accordance with the terms of the PRSU award, the award vested as to 13,998 shares on each of February 1, 2016, February 1, 2017 and February 1, 2018 and will vest as to 13,997 shares on February 1, 2019.