SEC Form 4 · accession 0001209191-15-041173
K2M GROUP HOLDINGS, INC. · KTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Major
Officer — President & CEO · Director
Period of report
May 7, 2015
Accepted (ET)
May 11, 2015 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001499807
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 7, 2015 | M | 8,230 | — | A | 8,680 | D | |
| Common StockF3 | May 7, 2015 | F | 2,725 | $22.01 | D | 5,955 | D | |
| Common StockF2 | holding | — | — | — | 391,758 | I | By limited liability company | |
| Common Stock | holding | — | — | — | 94,338 | I | By Lewis Parker Family Trust | |
| Common Stock | holding | — | — | — | 53,110 | I | By Lewis E.S. Parker 2008 Irrevocable Dynasty Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | May 7, 2015 | M | 8,230 | D | — | — | Common Stock | 8,230 | 16,461 | D |
Explanation of responses
- F1Each restricted stock unit converted into shares of common stock on a one-for-one basis.
- F2The number of shares of common stock reported on Table I as being held directly includes 450 shares of common stock acquired under the issuer's employee stock purchase plan. On the reporting person's Form 4 filed on February 10, 2015, these shares were inadvertently included in the securities held indirectly through a limited liability company. The number of shares reported as being held by the limited liability company has been reduced accordingly.
- F3Reflects shares withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units.
- F4On May 7, 2014, the reporting person was granted 24,691 restricted stock units, vesting in three substantially equal annual installments on May 7, 2015, May 7, 2016 and May 7, 2017.
Remarks
The reporting person disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.