SEC Form 4 · accession 0000789132-15-000023
SPECTRANETICS CORP · SPNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R John Fletcher
Director
Period of report
Mar 6, 2015
Accepted (ET)
Mar 6, 2015 · 7:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000789132
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| SPNC Common Stock | Mar 6, 2015 | M | 45,000 | $5.31 | A | 132,199 | D | |
| SPNC Common StockF1,F2 | Mar 6, 2015 | S | 22,245 | $34.3538 | D | 109,954 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPNC Stock Option Right To BuyF3 | $5.31 | Mar 6, 2015 | M | 45,000 | D | Mar 7, 2009 | Mar 7, 2015 | SPNC Common Stock | 45,000 | 0 | D |
Explanation of responses
- F1SPNC Common Stock sold only to the extent to cover the exercise price of SPNC Stock Options plus related taxes
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.28 to $34.53, inclusive. The reporting person undertakes to provide to The Spectranetics Corporation, any security holder of The Spectranetics Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3Grant date 3/7/2005. Options are on a 3 year, 100% vesting schedule; 33.3% vested on 3/7/2006; 33.3% vested each year thereafter. 100% fully vested on 3/7/2008. Options expire at the end of 10 years or on 3/7/2015.