SEC Form 4 · accession 0001140361-16-056413
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
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 6:08 pm EST
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 | Mar 1, 2016 | S | 16,314 | $55.0962 | D | 562,940 | D | |
| Common StockF4 | Mar 1, 2016 | S | 8,688 | $56.8019 | D | 554,252 | D | |
| Common StockF5 | Mar 1, 2016 | S | 1,465 | $57.7985 | D | 552,787 | D | |
| Common StockF6 | Mar 1, 2016 | S | 200 | $59.0625 | D | 552,587 | D | |
| Common StockF7,F3,F8 | Mar 1, 2016 | S | 6,058 | $55.0084 | D | 99,828 | I | See foonote |
| Common StockF9,F8 | Mar 1, 2016 | S | 150 | $56.2233 | D | 99,678 | I | See foonote |
| Common StockF10,F8 | Mar 1, 2016 | S | 408 | $57.7462 | D | 99,270 | I | See foonote |
| Common StockF8 | Mar 1, 2016 | S | 50 | $58.99 | D | 99,220 | I | See foonote |
| Common StockF11,F12 | Mar 1, 2016 | S | 6,059 | $55.0084 | D | 31,528 | I | See foonote |
| Common StockF13,F12 | Mar 1, 2016 | S | 150 | $56.2233 | D | 31,378 | I | See foonote |
| Common StockF14,F12 | Mar 1, 2016 | S | 407 | $57.7463 | D | 30,971 | I | See foonote |
| Common StockF12 | Mar 1, 2016 | S | 50 | $58.99 | D | 30,921 | I | See foonote |
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.
- F10The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.5852 to $57.85, 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.
- F11The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.15, 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.
- F12Shares held by The Michael F. DeMane 2013 Retained Annuity Trust.
- F13The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $56.14 to $56.29, 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.
- F14The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.5852 to $57.85, 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.
- F2The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.69, 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 5,313 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 19, 2015 and are now owned directly.
- F4The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $56.13 to $57.02, 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.
- F5The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $57.72 to $58.0154, 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.
- F6The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $59.05 to $59.075, 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.
- F7The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.15, 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.
- F8Shares held by Michael F. DeMane 2012 Irrevocable Trust U/A/D July 26, 2012 (the "Irrevocable Trust"). 105,886 shares previously held by The Michael F. DeMane 2012 Retained Annuity Trust u/a/d July 26, 2012 were transferred to the Irrevocable Trust on February 23, 2016.
- F9The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $56.14 to $56.29, 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.