SEC Form 4 · accession 0001637761-17-000061
SeaSpine Holdings Corp · SPNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J. Winge
Officer — Vice President, Sales
Period of report
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 12:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001637761
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 10, 2017 | M | 10,037 | — | A | 21,214 | D | |
| Common StockF2 | Mar 13, 2017 | S | 3,230 | $6.66 | D | 17,984 | D |
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,F3 | — | Mar 10, 2017 | M | 10,037 | D | — | — | Common Stock | 10,037 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of SeaSpine Holdings Corporation common stock.
- F2These shares were sold to cover tax withholding obligations related to the receipt of shares in connection with the vesting of the restricted stock units.
- F3The reporting person was granted 10,037 restricted stock units on February 2, 2017, which vested in full on March 10, 2017.