SEC Form 4 · accession 0001209191-15-028085
GLOBUS MEDICAL INC · GMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C Paul
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Mar 18, 2015
Accepted (ET)
Mar 20, 2015 · 9:03 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001237831
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 18, 2015 | S | 1,427,079 | $25.00 | D | 1,572,921 | D | |
| Class A Common Stock | Mar 19, 2015 | S | 494,921 | $25.00 | D | 1,078,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy Class A Common Stock)F2 | $4.88 | holding | — | — | — | — | Aug 6, 2019 | Class A Common Stock | 18,461 | 18,461 | D |
| Stock Option (Right to Buy Class A Common Stock)F3 | $11.87 | holding | — | — | — | — | Jun 16, 2020 | Class A Common Stock | 18,461 | 18,461 | D |
| Stock Option (Right to Buy Class A Common Stock)F4 | $10.66 | holding | — | — | — | — | Oct 27, 2021 | Class A Common Stock | 18,461 | 18,461 | D |
| Stock Option (Right to Buy Class A Common Stock)F5 | $15.34 | holding | — | — | — | — | Aug 29, 2022 | Class A Common Stock | 15,000 | 15,000 | D |
| Stock Option (Right to Buy Class A Common Stock)F6 | $13.04 | holding | — | — | — | — | Jan 24, 2023 | Class A Common Stock | 48,000 | 48,000 | D |
| Stock Option (Right to Buy Class A Common Stock)F7 | $23.95 | holding | — | — | — | — | Jan 23, 2024 | Class A Common Stock | 60,000 | 60,000 | D |
| Stock Option (Right to Buy Class A Common Stock)F8 | $24.10 | holding | — | — | — | — | Jan 20, 2025 | Class A Common Stock | 125,000 | 125,000 | D |
| Class B Common StockF9 | — | holding | — | — | — | — | — | Class A Common Stock | 21,444,283 | 21,444,283 | D |
| Class B Common StockF9,F10 | — | holding | — | — | — | — | — | Class A Common Stock | 1,562,573 | 1,562,573 | I |
| Class B Common StockF9,F11 | — | holding | — | — | — | — | — | Class A Common Stock | 435,350 | 435,350 | I |
| Class B Common StockF9,F12 | — | holding | — | — | — | — | — | Class A Common Stock | 435,350 | 435,350 | I |
Explanation of responses
- F1This sale was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person on November 26, 2014.
- F10These shares are held in a trust for the benefit of the reporting person's spouse and children. The reporting person's spouse is trustee of the trust.
- F11These shares are held in a trust for the benefit of a child of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F12These shares are held in a trust for the benefit of a child of the reporting person. The reporting person is trustee of the trust.
- F2These options were granted on August 6, 2009, and vested over a four-year period with one-fourth (1/4) of the options granted vesting on January 1, 2010, the first anniversary of the vesting commencement date, and the balance of the options granted vesting ratably on a monthly basis over the following 36 months.
- F3These options were granted on June 16, 2010, and vested over a four-year period with one-fourth (1/4) of the options granted vesting on January 1, 2011, the first anniversary of the vesting commencement date, and the balance of the options granted vesting ratably on a monthly basis over the following 36 months.
- F4These options were granted on October 27, 2011, and vest over a four-year period with one-fourth (1/4) of the options granted vesting on January 1, 2012, the first anniversary of the vesting commencement date, and the balance of the options granted vesting ratably on a monthly basis over the following 36 months.
- F5These options were granted on August 29, 2012, and vest over a four-year period with one-fourth (1/4) of the options granted vesting on January 1, 2013, the first anniversary of the vesting commencement date, and the balance of the options granted vesting ratably on a monthly basis over the following 36 months.
- F6These options were granted on January 24, 2013, and vest over a four-year period with one-fourth (1/4) of the options granted vesting on January 1, 2014, the first anniversary of the vesting commencement date, and the balance of the options granted vesting ratably on a monthly basis over the following 36 months.
- F7These options were granted on January 23, 2014, and vest over a four-year period with one-fourth (1/4) of the options granted vesting on January 1, 2015, the first anniversary of the vesting commencement date, and the balance of the options granted vesting ratably on a monthly basis over the following 36 months.
- F8These options were granted on January 20, 2015, and vest over a four-year period with one-fourth (1/4) of the options granted vesting on January 1, 2016, the first anniversary of the vesting commencement date, and the balance of the options granted vesting ratably on a monthly basis over the following 36 months.
- F9From the date of acquisition, the Company's Class B Common Stock converts into the Company's Class A Common Stock on a one-for-one basis (i) at the option of the holder, (ii) upon certain transfers, (iii) upon the closing of the Company's initial public offering if at that time the Company's Class B Common Stock that the holder beneficially owns is less than 10% of the aggregate number of all outstanding shares of the Company's common stock, and (iv) immediately if, at any time following the initial public offering of the Company's common stock, the Company's Class B Common Stock that the holder beneficially owns represents less than 5% of all outstanding shares of the Company's common stock.