SEC Form 4 · accession 0001140361-17-013947
NEVRO CORP · NVRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F Demane
Director
Period of report
Mar 28, 2017
Accepted (ET)
Mar 30, 2017 · 2:16 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 Stock | Mar 28, 2017 | M | 12,929 | $3.60 | A | 537,104 | D | |
| Common Stock | Mar 28, 2017 | M | 691 | $18.00 | A | 537,795 | D | |
| Common StockF1 | holding | — | — | — | 72,554 | I | See footnote |
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)F2 | $3.60 | Mar 28, 2017 | M | 12,929 | D | — | May 14, 2023 | Common Stock | 12,929 | 41,572 | D |
| Stock Option (Right to Buy)F3 | $18.00 | Mar 28, 2017 | M | 691 | D | — | Nov 4, 2024 | Common Stock | 691 | 83,922 | D |
Explanation of responses
- F1Shares held by Catherine Q. DeMane Trustee, Michael F. DeMane 2012 Irrevocable Trust U/A/D July 26, 2012.
- F21/48th of the shares subject to the option vest on each monthly anniversary measured from May 15, 2013 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.
- F31/48th of the shares subject to the option vest on each monthly anniversary measured from November 5, 2014 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.