SEC Form 4 · accession 0001637761-18-000127
SeaSpine Holdings Corp · SPNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart Essig
Director
Period of report
Aug 2, 2018
Accepted (ET)
Aug 3, 2018 · 4:29 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 Stock | Aug 2, 2018 | M | 43,496 | $13.60 | A | 458,425 | D | |
| Common StockF1 | Aug 2, 2018 | S | 43,496 | $14.00 | D | 414,929 | D | |
| Common Stock | holding | — | — | — | 32,550 | I | By Foundation | |
| Common Stock | holding | — | — | — | 32,550 | I | By Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $13.60 | Aug 2, 2018 | M | 43,496 | D | — | Aug 14, 2018 | Common Stock | 43,496 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from not less than $14.00 to not more than $14.02. The reporting person undertakes to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F2The option was immediately exercisable.