SEC Form 4 · accession 0000899243-16-016034
Nuvectra Corp · NVTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
GREATBATCH, INC.
10% Owner
Period of report
Mar 14, 2016
Accepted (ET)
Mar 15, 2016 · 6:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001648893
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Mar 14, 2016 | J | 10,258,278 | $0.00 | D | 0 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Greatbatch, Inc. distributed the shares to its stockholders on March 14, 2016 by means of a pro rata dividend in connection with the spin-off (the "Spin-off") of Nuvectra Corporation (the "Issuer").
- F2On March 14, 2016, prior to the completion of the Spin-off, the Issuer converted from a Delaware limited liability company named QiG Group, LLC into a Delaware corporation named Nuvectra Corporation, resulting in the conversion of Greatbatch, Inc.'s ownership of 100% of the membership interests of QiG Group, LLC into 10,258,278 shares of common stock of the Issuer.
- F3Prior to the completion of the Spin-off, the Issuer was an indirect wholly-owned subsidiary of Greatbatch, Inc.