SEC Form 4 · accession 0001209191-18-007632
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jereme M Sylvain
Officer — Chief Accounting Officer
Period of report
Feb 1, 2018
Accepted (ET)
Feb 5, 2018 · 5:59 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 | 931 | $0.00 | A | 8,323 | D | |
| Common StockF2,F1 | Feb 1, 2018 | F | 380 | $48.50 | D | 7,943 | 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 | Feb 1, 2018 | M | 931 | D | — | — | Common Stock | 931 | 931 | 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.
- 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 February 17, 2015. In accordance with the terms of the RSU award, the award vested as to 932 shares on February 1, 2016, vested as to 931 shares on February 1, 2017 and February 1, 2018 and will vest as to 931 shares on February 1, 2019.