SEC Form 4 · accession 0001637761-18-000092
SeaSpine Holdings Corp · SPNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart Essig
Director
Period of report
May 30, 2018
Accepted (ET)
May 31, 2018 · 4:50 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 | May 30, 2018 | A | 8,857 | $0.00 | A | 406,957 | D | |
| Common StockF2 | May 30, 2018 | A | 7,972 | $0.00 | A | 414,929 | D | |
| Common StockF3 | holding | — | — | — | 32,550 | I | By Foundation | |
| Common StockF4 | holding | — | — | — | 32,550 | I | By Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The restricted stock award vests in full on May 30, 2019, subject to the Reporting Person not experiencing a termination of service prior to such date. In addition, if the Reporting Person stands for reelection to the board of directors of SeaSpine Holdings Corporation ("SeaSpine") at an annual meeting of stockholders but is not reelected to the board at such annual meeting, the award will vest in full on the date of such annual meeting.
- F2The restricted stock award vests as to 25% of the shares subject to the award on the last day of each three-month period of the Reporting Person's continuous service on SeaSpine's board of directors following May 30, 2018.
- F3Shares are held by the Essig Enright Family Foundation (the "Foundation"). The Reporting Person is the trustee of the Foundation and the Reporting Person shares voting and dispositive power with the Foundation with respect to these shares.
- F4Shares are held by the Stuart M. Essig 2007 Family Trust (the "Trust"). The Reporting Person's spouse is the trustee of the Trust.