SEC Form 4 · accession 0001637761-17-000077
SeaSpine Holdings Corp · SPNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Sullivan
Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 2:06 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,F2 | Mar 31, 2017 | A | 1,593 | $7.85 | A | 20,389 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This restricted stock award was issued to the reporting person under the SeaSpine Holdings Corporation 2015 Incentive Award Plan in lieu of a portion of the retainer the reporting person is entitled to receive in his capacity as a non-employee director of the issuer. The restricted stock award vests immediately on the date of grant.
- F2The number reported in Table 1-Item 5 of Form 4s filed by the reporting person on June 9, 2016 and thereafter has been overstated by 17 shares. This Form 4 states the corrected amount of securities beneficially owned following the reported transaction. The overstatement in those prior Form 4s was the result of the reporting person inadvertently reporting the issuance to him of an incorrect number of shares in connection with the distribution to him of shares of the issuer in connection with the spin-off of the orthobiologics and spinal hardware business of Integra LifeSciences Holdings Corporation.