SEC Form 4 · accession 0001140361-15-034381
NEVRO CORP · NVRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F Demane
Officer — Chief Executive Officer · Director
Period of report
Sep 1, 2015
Accepted (ET)
Sep 3, 2015 · 4:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001444380
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3,F4 | Sep 1, 2015 | S | 26,667 | $45.0209 | D | 600,608 | D | |
| Common StockF5,F6 | Sep 2, 2015 | S | 6,667 | $45.3021 | D | 44,254 | I | See foonote |
| Common StockF5,F7 | Sep 2, 2015 | S | 6,667 | $45.3022 | D | 117,866 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.08, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F3Includes 8,795 shares previously held by The Michael F. DeMane 2012 Retained Annuity Trust u/a/d July 26, 2012 which were distributed to the Reporting Person on November 28, 2014 and are now owned directly.
- F4Includes 1,076 shares previously held by The Michael F. DeMane 2013 Retained Annuity Trust which were distributed to the Reporting Person on April 13, 2015 and are now owned directly.
- F5The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.50, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F6Shares held by The Michael F. DeMane 2013 Retained Annuity Trust.
- F7Shares held by The Michael F. DeMane 2012 Retained Annuity Trust u/a/d July 26, 2012.