SEC Form 4 · accession 0001209191-18-028409
NUVASIVE INC · NUVA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C Farrell
Director
Period of report
May 3, 2018
Accepted (ET)
May 7, 2018 · 5:59 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,F2 | May 3, 2018 | M | 16,844 | $0.00 | A | 35,490 | I | Family Trust |
| Common StockF2 | May 3, 2018 | M | 6,000 | $39.45 | A | 41,490 | I | Family Trust |
| Common StockF3,F2 | May 3, 2018 | F | 4,777 | $49.54 | D | 36,713 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUsF4 | $0.00 | May 3, 2018 | M | 2,833 | D | — | — | Common Stock | 2,833 | 0 | D |
| RSUsF5 | $0.00 | May 3, 2018 | M | 2,833 | D | — | — | Common Stock | 2,833 | 0 | D |
| RSUsF6 | $0.00 | May 3, 2018 | M | 3,725 | D | — | — | Common Stock | 3,725 | 0 | D |
| RSUsF7 | $0.00 | May 3, 2018 | M | 2,501 | D | — | — | Common Stock | 2,501 | 0 | D |
| RSUsF8 | $0.00 | May 3, 2018 | M | 2,822 | D | — | — | Common Stock | 2,822 | 0 | D |
| RSUsF9 | $0.00 | May 3, 2018 | M | 2,130 | D | — | — | Common Stock | 2,130 | 0 | D |
| Stock Option (Right to Buy)F10 | $39.45 | May 3, 2018 | M | 6,000 | D | — | May 22, 2018 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1On May 3, 2018, the Reporting Person retired from his position as a member of the Issuer's Board of Directors. Pursuant to deferral elections made by the Reporting Person, all shares underlying Restricted Stock Units ("RSUs") subject to such deferrals were delivered to the Reporting Person promptly following the Issuer's 2018 Annual Meeting of Stockholders on May 3, 2018, the date on which the Reporting Person retired.
- F10The option, representing a right to purchase a total of 6,000 shares, was granted on May 22, 2008 and is fully vested.
- F2Shares directly held by the Reporting Person. The Reporting Person also holds conditional rights to receive shares pursuant to previously disclosed Company equity awards.
- F3Payment of exercise price by Issuer's withholding of shares incident to the respective option exercise.
- F4This RSU award was granted to the Reporting Person on May 24, 2012 and is fully vested.
- F5This RSU award was granted to the Reporting Person on May 23, 2013 and is fully vested.
- F6This RSU award was granted to the Reporting Person on May 22, 2014 and is fully vested.
- F7This RSU award was granted to the Reporting Person on June 12, 2015 and is fully vested.
- F8This RSU award was granted to the Reporting Person on May 19, 2016 and is fully vested.
- F9This RSU award was granted to the Reporting Person on May 18, 2017 and is fully vested.