SEC Form 4 · accession 0001140361-17-035270
NEVRO CORP · NVRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael F Demane
Director
Period of report
Sep 11, 2017
Accepted (ET)
Sep 13, 2017 · 12:07 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 | Sep 11, 2017 | S | 20,650 | $87.5886 | D | 51,904 | I | See footnote |
| Common StockF4,F3 | Sep 11, 2017 | S | 4,350 | $88.3894 | D | 47,554 | I | See footnote |
| Common StockF5 | holding | — | — | — | 50,000 | I | See footnote | |
| Common StockF6 | holding | — | — | — | 437,313 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale was 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 $87.15 to $88.12, 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.
- F3Shares held by Catherine Q. DeMane Trustee, Michael F. DeMane 2012 Irrevocable Trust U/A/D July 26, 2012.
- F4The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $88.16 to $88.51, 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.
- F5Shares held by Michael DeMane Trustee, Michael F. DeMane 2016 Retailed Annuity Trust U/A/D May 22, 2017 (the "Retained Annuity Trust"). 50,000 shares previously held by Michael DeMane directly were transferred to the Retained Annuity Trust on May 31, 2017.
- F6Includes 1,518 restricted stock units.